Some people think that the best way to run a business is within the family. What are the advantages and disadvantages of a family run business?
It is considered by some people that the ideal option to run a
corporation
is to have it within the family. Use synonyms
This
essay will discuss Linking Words
firstly
, the certain benefits Linking Words
such
as more success and trust aspect associated with Linking Words
family
Suggestion
a family business
family businesses
the family business
business
and Use synonyms
secondly
, the drawbacks it Linking Words
have
mainly disputes and lack of knowledge in family members.
There are certain positive outcomes linked to a family operated Suggestion
has
corporation
. Use synonyms
To begin
with, the top management Linking Words
work
harder to bring success to their family Suggestion
works
business
. Directors and managers are the real controlling authority in a Use synonyms
company
, so if they are from the same family and perform their duties with more efforts, their Use synonyms
business
would flourish more rapidly. The Service Brand of Shoes in Pakistan, Use synonyms
for instance
, have their whole senior management who Linking Words
belong
to one family, which in turn, had fostered their image as a successful brand in the Suggestion
belongs
business
world. Use synonyms
Furthermore
, family members trust each other, which is in turn, productive for the Linking Words
company
. Use synonyms
This
is because there may be critical financial matters of a Linking Words
corporation
which could not be shared and discussed with the people working in the Use synonyms
company
, who are not from the same family. Use synonyms
This
means matter related to finance can be Linking Words
otherwise
only disclosed with Linking Words
family
people. a person attached to the household of a high official (as a pope or bishop) who renders service in return for support
familiar
Consequently
, economic matters Linking Words
would be handle
with care, which would result in a better Suggestion
would be handled
finance
management.
Suggestion
financial
On the other hand
, there are some downsides of a family run Linking Words
company
. Use synonyms
First
, Linking Words
business
disputes can lead to family conflicts. If a matter Use synonyms
arise
in the Suggestion
arises
corporation
which create differences or issues among family people working together, could be highly likely to affect and harm their personal relationships. Use synonyms
For example
, Shah Businesses in India, has recently been found in family fight, owing to the differences among Linking Words
business
partners from the same family. Use synonyms
Secondly
, individuals involving in the Linking Words
company
belonging to one family may not possess certain professional skills required for a specific position, which is detrimental for a Use synonyms
corporation
. For a Use synonyms
company
to gain growth requires skills which may be lacking by the family person working on a certain job post. As an illustration, performing duties as the CEO or Managing Director, require vital skills, in order to look after Use synonyms
business
matters. Use synonyms
Thus
, lacking those skills may result in the failure of a Linking Words
company
.
In conclusion, there are negative outcomes related to the family run Use synonyms
business
Use synonyms
such
as Linking Words
company
Use synonyms
develops
and trust between people from the Suggestion
development
some
family working together. closely similar or comparable in kind or quality or quantity or degree
same
On the other hand
, there are certain Linking Words
drawbacks mainly
the differences among individuals and members not possessing specific knowledge to work on a post in the Accept comma addition
drawbacks, mainly
company
.
Use synonyms
Submitted by srehaan59 on
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Word Count
IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.
A very long essay will not give you a higher band score.
Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.