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?

Running a family

business

is now globally preferred, especially in the country like India, where it is a tradition of value and to respect all family members. A portion of the society thinks that, working in a family

business

is an efficient way to be successful in any kind of venture.

However

, there are some demerits too.

This

essay evaluates both pros and cons of

this

trend. Looking at the positive side, the most important advantage of working with kith and kin is, people can work without the fear of being betrayed. As family members have been living together for a long time, they all are trustworthy and they know each others work style, nature, strengths and weaknesses, which can help to distribute

business

tasks according to one's ability.

As a result

, it can increase the profit of the firm.

For example

, the famous wafer brand Balaji, is run by a Balaji family, in which, each and every family member contributes a lot to enhance their profitability of the home

business

and today it is at the number one position in successful businesses. In spite of having a lot of positive points,

this

culture has a several drawbacks too. Having all good family persons is not in every one's luck. Some people are greedy and do, envy to the success of other family members. Being cheated by

such

relatives, eventually spoils relations.

For instance

, Reliance India, the company is run by an Ambani family having two brothers. But, due to loss in

business

in 2001, both brothers are separated. To conclude, despite having so many advantages, negative points cannot be over-looked. Overall, it depends on how much home members are trust able.

Fri Oct 04 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

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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6Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

282 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.5

Complete response

6.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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

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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?

Fully explain your ideas

Essentional vocabulary list for IELTS Writing 7+

opinions on food are changing rapidly and there are many who believe that everyone should follow a vegetarian diet because it would have a positive impact on our health and the environment. Do you agree or disagree?

Human activities has had a negative effect on ecosystems, animals and plants across the world. some people believe this cannot be changed while others feel that we can still take action to protect living things and the environment. Discuss both sides and give your own opinion.

In many countries around the world, rural people are moving to cities, so the population in the countryside is decreasing. Do you think this is a positive or negative development?

Some people believe that children’s leisure activities must be educational, otherwise they are a complete waste of time. Do you agree or disagree?

Living in a country where you have to speak a foreign language can cause serious social problems, as well as practical problems. To what extent do you agree er disagree with this statement?