Some people believe that the best way to run a business is within the family while others consider this a potential source of problems. Do the the advantages of a family business overweight disadvantages?
Managing one's own
business
is always a challenging task. Hence
, some argue that in order to be successful, owners should get their families involved to run the companies. However
, others believe that influence
of the loved ones could lead to unnecessary complications. Personally, I think there are more drawback of Suggestion
the influence
this
method than benefits.
To begin
with, sometimes it is quite difficult to maintain the discipline of a working environment if there are family members around. In a normal family situation everyone love and respect each other. As a result
, they do not complain about small mistakes of others members. In other
words they
just forget about it. Imagine a Accept comma addition
words, they
business
the allow silly mistakes to be happened
Suggestion
happening
by
the management. Suggestion
with
Consequently
, it could lead to lose
valuable customers and profit for that company. Another negative outcome of Suggestion
to losing
this
would be the bad influence of these actions on non-relative staff. Because, they might start using those bad examples as excuses when they have done something wrong.
On the other hand
, this
may encourage the conflicts within the family itself. If the business
owner advises a relative regarding a business
matter the person who receive, it might identify it as an insult to him or her, which eventually generate unwanted tension between them. For instance
, in Sri Lanka there were a large sweets manufacture in the past, which owned by two brothers, because of a simple misunderstanding among them the company went down and they lost everything including their house. Therefore
, asking family to join the operation of an organization could lead to unforeseen circumstances.
In conclusion, it is always better to think twice before inviting relative to join one's business
. Because it could encourage a sloppy work place and generate conflicts between the family members.Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.
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