S.W.O.T. analysis

Strengths
Weaknesses
Opportunities
Threats 



SELF EMPLOYMENT

Strengths:
~  Independence
~  More control over what you do
~  Freedom
~  You follow your own rules

Weaknesses:
~ Less security
~  Fewer free benefits
~  You're responsible for profits and losses
~  No set work hours - you can work as much as you want

Opportunities:
~ Travelling
~  Developing leadership and time management

Threats:
~ You're responsible for your own pension scheme


FREELANCING

   Strengths:
~ Higher payment
~ Potential to work from home
~ You can claim expenses


Weaknesses:
~ No job security
~ No financial security
~ Have to manage your own taxes
~ No job benefits
~ No sick payment
~ Have to pay for auditors

Opportunities
~ See different types of companies
~ See different technologies
~ Make more contacts
~ Travelling

Threats:
~Legislative changes
~ Lack of market demand



SHORT TERM CONTRACTS

Strengths:
~ Temporary payment
~It may become a permanent contract
~ You can get a reference for the next employer

Weaknesses:
~ Fewer benefits (such as less or no paid sick days or holidays)
~ Others may not help train you as much as you need
~ It has an end


Opportunities:
~You can gain a lot of experience as a temporary employee
~To meet people and expand your network 

Threats:
~Financial security



PERMANENT CONTRACTS

Strengths:
~ The longer you stay in the company, the more experience you gain and so the more respect others
    have towards you. Newer employees will look up to you as a role model.
~The longer you stay in the company, the less likely you will be fires.
~ More experience is gained and it will show dedication on your resume.

Weakness:
~Over time, you may be putting less effort into your work.
~Having to work for the same company in the same place and country until you retire. Some people may want to travel or try to work in another country so short term employment would probably suit them better.

Opportunities:
~Greater chances of promotion which can lead to an increased salary.
~ You can expand your network and relationship with others.

Threats:
~ If you only specialise in a certain area, then there's no room for development in terms of personal developments and skills.














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