Many small businesses are being forced to close because they are unable to compete with multinational corporations. What problem does this cause and how can those problems be solved?

✨ Do you want to improve your IELTS writing?
In
this
Linking Words
contemporary era, It is impossible to deny that globalisation affects many domains, especially business. The number of small business is near to end because of multinational corporations. They have lower income and cannot compete with these firms.
This
Linking Words
essay will discuss a couple of issues and will
also
Linking Words
suggest some solutions to tackle
this
Linking Words
problem in the forthcoming paragraphs.
To begin
Linking Words
with, there are some problems with large scale trade.
Firstly
Linking Words
, large firms advertising their business on large platforms
such
Linking Words
as cinemas, TV commercials and so on. Whereas, small vendor do not have enough money to compete with them.
For instance
Linking Words
, In a survey conducted by Times news was found that 80% of small shops are affecting by the open of Big Bazaar, Vishal Mega Mart and Dmart. People like to buy things from the malls.
Moreover
Linking Words
, small businessmen do not have any other source of income. For them, these are the only bread to earn.
Moreover
Linking Words
, there are some possible solutions to solve these problems.
Firstly
Linking Words
, the government should help the small seller to advertise their products on social media, TV commercials and live radio.
Secondly
Linking Words
, the authorities should
also
Linking Words
promote their local work. So that folks can buy these local products at a reasonable cost.
Furthermore
Linking Words
, a small broker should
also
Linking Words
give some discount to attract customers.
For instance
Linking Words
, In Vmart there is up to 29% discount on everything and more customers attract by these discounts. To conclude, the above essay discussed the problems and some possible solutions to help local retailers. The government can help them to earn their bread.
Submitted by Rajwinder Kaur on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Topic Vocabulary:
  • community character
  • multinational corporations
  • economic decline
  • monopoly
  • tax incentives
  • grants
  • buy local campaigns
  • niche products
  • personalized services
  • economic ecosystem
  • business partnerships
  • competitive advantage
  • consumer choice
  • market diversity
  • entrepreneurial spirit
What to do next:
Look at other essays: