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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Fully explain your ideas

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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

Some people think that parents should teach their children how to be good members of society. Others, however, believe that school is the best place to learn this. Discuss both views and give your own opinion.

Living in a country where you have to speak a foreign language can cause serious social problemas, as well as practical problems.

Many customs and traditional ways of behavior are no longer relevant to modern life and not worth keeping. To what extent do you agree or disagree ?

you are taking a course at a local college. The deadline for your project was last week but you haven't finished it. Write a letter to your lecturer. In your letter introduce yourself explain why you haven't handed in the project yet request more time to do it.

e people say that parents should encourage their children to take part in organized group activities in their free time. Others say that it is important for children to learn how to occupy themselves on their own. Discuss both the views and give your opinion.