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?

There are speculations that a
business
is more successful when it is being operated within the family. It is pertinent to note that every individual is gifted differently and passion differs.
For instance
a family is into farming on a large
scale but
Accept comma addition
scale, but
that is
not a determinant for every member of the family to be passionate about that
business
. When
such
a person is being compelled to succeed in the
business
, it
tend
Suggestion
tends
to result to a case of mismanagement.
On the other hand
, it
usually favor
Suggestion
usually favours
usually favour
the generations that are involved because the job is readily available as soon as they graduate from college.
Also
, it is believed that an outsider might not understand the rudiments of running a
business
successfully compare to an individual that was groomed in the
business
at a tender age. By way of conclusion, the success of a
business
is based on how passionate the other members of the family are towards it and how well they understand it.
Submitted by Pat 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.

Essentional vocabulary list for IELTS Writing 7+

Learn how to write high-scoring essays with powerful words.
Download Free PDF and start improving you writing skills today!
Topic Vocabulary:
  • loyalty
  • trust
  • communication
  • generational knowledge
  • long-term outlook
  • family traditions
  • stability
  • cost-effective
  • flexible payment arrangements
  • conflict
  • tensions
  • roles
  • diversity
  • external perspectives
  • innovation
  • adaptation
  • succession planning
  • instability
  • leadership
  • ownership
What to do next:
Look at other essays: