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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?

#people #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.

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To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

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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