Part 1
You should spend about 20 minutes on this task. Write at least 150 words.
Part 2
You should spend about 40 minutes on this task. Write at least 250 words.
The plans below show a public park when it first opened in 1920 and the same park today.
Summarise the information by selecting and reporting the main features and make comparisons where relevant.
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Nowadays many people choose to be self-employed, rather than to work for a company or organisation.
Why might this be the case?
What could be the disadvantages of being self-employed?
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very good
Entrepreneurship is increasingly chosen over payroll jobs in today’s global landscape. Many people prefer freelancing or self-employment due to the independence it offers, the ability to showcase creativity, and the potential for higher income. However, self-employment also comes with challenges, including capital shortages, the risk of business failure, and external barriers. This essay will explore the key reasons behind the preference for self-employment along with its drawbacks.
On the one hand, several factors drive people toward entrepreneurship. The foremost reason is freedom, which allows business owners to make independent decisions, a luxury often unavailable in traditional jobs. Unlike salaried employees, entrepreneurs have full control over their work schedules, goals, and business strategies. Moreover, self-employment provides opportunities to implement and showcase innovative ideas. For instance, in businesses requiring customized production, owners can adapt processes through re-engineering to optimize efficiency. This flexibility enables entrepreneurs to be more creative and responsive to market demands. Lastly, self-employment can be more lucrative than conventional jobs, as business owners can eliminate unnecessary administrative costs, maximize revenue, and scale their ventures for long-term financial growth.
On the other hand, entrepreneurship has notable drawbacks. The primary challenge is a lack of capital, with many startups struggling to secure adequate funding. Banks often hesitate to lend to new businesses due to insufficient collateral or financial history. Additionally, new entrepreneurs face a high probability of failure due to limited experience, market competition, and unforeseen economic downturns. External challenges, such as government regulations, high excise duties, and complex licensing requirements, further hinder business growth.
To conclude, many people choose entrepreneurship for its independence and creative opportunities rather than working in salaried jobs. However, despite its appeal, self-employment comes with financial risks, business uncertainties, and regulatory challenges that aspiring entrepreneurs must carefully consider before pursuing this path.
Entrepreneurship is increasingly chosen over payroll jobs in today’s global landscape. Many people prefer freelancing due to the independence it offers, the ability to showcase creativity, and the potential for higher income. However, self-employment also comes with challenges, including capital shortages, the risk of business failure, and external barriers. This essay will explore the key reasons behind the preference for self-employment along with its drawbacks.
On the one hand, several factors drive people toward entrepreneurship. The foremost reason is freedom, allowing business owners to make decisions independently, unlike in private jobs. Moreover, entrepreneurship provides opportunities to implement and showcase innovative ideas. For instance, in businesses requiring customized production, owners can easily adapt processes through re-engineering. Lastly, self-employment can be more lucrative, as business owners can reduce administrative costs, ultimately increasing profits.
On the other hand, entrepreneurship has notable drawbacks. The primary challenge is a lack of capital, with many startups facing severe financial constraints. Additionally, banks are often reluctant to lend to entrepreneurs due to insufficient collateral. Another major risk is the high probability of failure, often stemming from a lack of technical skills and experience. Lastly, external challenges such as government regulations, high excise duties, and complex licensing requirements further complicate self-employment.
To conclude, many people choose entrepreneurship for its independence and creative opportunities rather than working in private jobs. However, they must navigate challenges such as financial constraints, business risks, and regulatory hurdles.
The two plans depict how a public park, namely Grange Park, changed from its initial opening year, 1920, to the present.
Overall, it is evident that significant transformations have occurred in the infrastructure setup in the recent period compared to the opening year.
In the 1920 plan, there was a fountain in the middle of the park, which was transformed into a garden of various roses, surrounded by seats all around. In the previous plan, there were three rose gardens; one was near the entrance; however, a fountain has been placed at that location. There was a stage for musicians to the east of the park, near the fountain, which was converted into a large amphitheater for concerts.
Looking at both plans in more detail, in the initial plan there was a pond at the north-east corner; a rectangular-shaped children’s area has been built on that location. A new water feature has been built in the corner of the park near the entrance on Eldon Street. Moreover, a new underground car park has been set up, with the entrance beneath the water feature.