Some people decide to start their own business instead of working for a company or organization. Do the advantages for people working for their own business outweigh the disadvantages?

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Many
people
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are opting to start their own
business
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rather than working for a company. In
this
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essay, I will be discussing both the advantages and disadvantages of starting your own venture.
To begin
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with, when individuals own a
business
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they have the flexibility to work in their timings.
Moreover
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,
people
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also
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have the authority to make several decisions that will impact the growth of the
business
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.
For instance
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, successful
business
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owners can hire
people
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to do the daily work and they can oversee the daily operations at their convenience.
Additionally
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, they have the responsibility to make the important decisions that will influence the growth.
Although
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being a
business
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owner has several advantages, it
also
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comes with various drawbacks which need to be taken into account.
Firstly
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,
people
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owning their firm will not have a stable income.
For example
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, private organizations have the chance of getting a steady income only based on the growth of the firm.
Secondly
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, there is a high risk involved when running a private company. To illustrate, if the organization does not do well, there are high chances that it can shut down. So for running an operation you need to consider many factors that can result in failure. For these reasons, owning a
business
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is a bad idea. By way of conclusion, I reaffirm my position that the disadvantages
such
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as risk and unstable income outweigh the advantages.
Therefore
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,
people
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should focus on working for an organization rather than trying to start their own venture.
Submitted by zararaasif43 on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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