Some people think that the best way to tj3 a business is within the family. What are the advantages and disadvantages of family run business

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Family is the vital element of life and folks share a strong bond, good values and support each other during tough times. Family business is a common phenomenon since olden times as the members serve each other in every aspect.

Therefore

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, many people think that it is ideal to do a business within the family. I think there are both pros and cons of doing an occupation run within clans which will be discussed

further

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in the essay.

First

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of all, family led professions has the foremost benefits for the children of the dynasty because they do not need to move out of their places in search of jobs.

For instance

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, if a father is a car dealer

then

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his child can pursue that work under his guidance if he wants.

Moreover

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, there is no need of training as the members have years of experience.

Thus

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, we can say that it is convenient to do trading within a clan run occupation.

Second

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of all, there is a lesser need of making new clients as there are permanent clients who works with the firms and trust them.

For example

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, it is quite easy to work in an already established firm rather than starting a new one with a complete novel strategy.

Consequently

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, there is no doubt in saying that these types of deals are successful in many cases. On the flip side, there are many drawbacks of joining the dynasty businesses.

Firstly

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, there will always be a comparison among the different generations as people have their own expectations.

For instance

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, a son may have a different way of dealing with the customers and sometimes they even dislike his approach.

Furthermore

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, individuals have the frequent tendency to follow the same person so, they would have problems in accepting the naive approaches of the younger generations which makes clan professions difficult to pursue many a times. In conclusion, it can be stated that executing businesses within the families is the nicest way to do a business,

although

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there are certain disadvantages are

also

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associated with it.

Thus

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, one has to make the decision of his career with logical thinking and thorough analysis of the situation.

Submitted by ashi.rajput39 on Mon Nov 18 2019

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Your opinion

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14
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

362 words

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Some people think that the best way to tj3 a business is within the family. What are the advantages and disadvantages of family run business

Your opinion

Some people think it would be better for large companies and industry to move to regional areas outside large urban centers. Do you think advantages outweigh the disadvantages?

Leaders and directors in an organization are normally older people. Some people think younger leaders would be better. Do you agree or disagree?

In some countries there are more young people choosing to enrol in work-based training instead of attending university. Do the advantages of this situation outweigh the disadvantages? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

nowadays many people have access to computers on a wide basis and a large number of children play computer games. What are the negative impacts of playing computer games and what can be done to minimize the bad effects?

In many countries,there is a growing gap between the technical skills of younger people and those over the age of fifty. What problems does this cause, and what solutions could minimise the problems?