some people think that the best way to run a business is within the family. What are the advantages and disadvanatages of a family run business

#people #business #disadvanatages

People have different perceptions on how to run a

business

smoothly. Some persons believe that the most effective method to continue a

business

is running it within the family members. The major advantage of

this

action is transition of knowledge and demerit is

reduction

Suggestion

a reduction

the reduction

in investments or in revenues.

This

essay will

firstly

discuss the positive impact and

then

secondly

, outline the disadvantage.

To begin

with, one of the merits of family

business

is transferring knowledge to the future generation. When ancestors pass the valuable information on how to progress on the

business

in a competitive market and explain the strategies to follow, youngsters in the family will acquire the best methodologies to compete, which enhance them to handle the

business

later.

As a result

, they can perform better and create profits as they are aware of the solutions to tackle the problems, that had occurred in the past.

For example

, many businesses which are handled by the family members, are able to produce a constant growth through the possessed knowledge and efforts.

On the other hand

, investments to buy items will be a constraint, if the family is not able to support the

business

financially.

This

means that, If the financial status of a family is not constant,

then

they will not be able to buy commodities which are required by consumers.

Besides

, if the

business

could not bring fortune to the family, the wealth of the family will be in trouble.

Consequently

, loss of the

business

can bring debt and family people will struggle to meet the two ends. There are many exemplifications where families are ruined due to the

lackof

Suggestion

lack of

revenue from the

business

. In conclusion, while there are a number of ways to run a

business

majority

Suggestion

the majority

of people prefer to run it within a family.

This

phenomenon has its own positive and negative impacts on the living style of people.

Submitted by detujohn on Mon Aug 05 2019

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For we to consider an essay structure a great one, it should be looking like this:

Paragraph 1 - Introduction

Sentence 1 - Background statement
Sentence 2 - Detailed background statement
Sentence 3 - Thesis
Sentence 4 - Outline sentence

Paragraph 2 - First supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 3 - Second supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 4 - Conclusion

Sentence 1 - Summary
Sentence 2 - Restatement of thesis
Sentence 3 - Prediction or recommendation

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10Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
3Grammar mistakes
 

4 paragraphs

315 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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some people think that the best way to run a business is within the family. What are the advantages and disadvanatages of a family run business

Fully explain your ideas

You are not ready for IELTS Speaking, if you

Some people prefer to spend their lives doing the same things and avoiding changes. Others, However, think that change is always a good thing. Discuss both views and give your opinion.

Online currencies have become more common in recent years. Why is this? Is this a positive or negative development? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Some people say that art subject such as painting and drawing shiuld not be made compulsory for highschool students. To what extend do you agree or disagree ?

Employers sometimes ask people applying for jobs for personal information, such as their hobbies and interests, and whether they are married or single. Some people say that this information may be relevant and useful, while others disagree. Discuss both views and give your own opinion.

It can be difficult for small local shops to compete with large supermarkets and with on-line shops. How does this affect local communities? What could be done to improve this situation?

Essentional vocabulary list for IELTS Writing 7+