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?
Many
people
are opting to start their own business
rather than working for a company. In this
essay, I will be discussing both the advantages and disadvantages of starting your own venture.
To begin
with, when individuals own a business
they have the flexibility to work in their timings. Moreover
, people
also
have the authority to make several decisions that will impact the growth of the business
. For instance
, successful business
owners can hire people
to do the daily work and they can oversee the daily operations at their convenience. Additionally
, they have the responsibility to make the important decisions that will influence the growth.
Although
being a business
owner has several advantages, it also
comes with various drawbacks which need to be taken into account. Firstly
, people
owning their firm will not have a stable income. For example
, private organizations have the chance of getting a steady income only based on the growth of the firm. Secondly
, 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
is a bad idea.
By way of conclusion, I reaffirm my position that the disadvantages such
as risk and unstable income outweigh the advantages. Therefore
, people
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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