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

It is true that family-run businesses have never stopped gaining in popularity over the world.

Although

this

model is applauded by many experts, it still exists some limitations. On the one hand, there are a number of advantages of family-run businesses.

First

, since the

company

is operated and overseen by family members,

such

as children and wife, or relatives, it is difficult for outside parties to steal the control of the

business

This

means that the family has an absolute control and power over strategic decisions, staffing or a payroll, which is of great benefits for all family members.

Second

, since family-run businesses are private corporations, they are not subject to complex financial complicating reporting requirements.

As a result

, the

company

can save a great deal of money on hiring a team of professional accountants to prepare external reports and deal with government stakeholders.

On the other hand

, family-run businesses are not without disadvantages. In fact, conflicts related to

business

among family members have the potential to sabotage any family relationships.

For instance

, the dispute over either

business

owner or salaries might lead to a quarrel or even an avoidable family estrangement.

In addition

, non-family employees working for family-run

business

might see the way of running the

company

is not fair to them.

For example

, even if they perform exceptionally well and make enormous contributions to the

company

, chances are they will not be recognized enough compared to those who are family members. In conclusion, given clear advantages that family-run

business

have, there are still some limitations. By acknowledging the limitations, the

business

owners can find the ways to dodge them.

Sun Mar 29 2020

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10Linking words
meeting the goal of 7 or more
2Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

271 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 9.0

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: 9.0

Complete response

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.

You are not ready for IELTS Speaking, if you

The best way for a government to prepare for the future is to invest in young people. To what extent do you agree or disagree?

Some people think that fittest and strongest individuals and the team can achieve success in sports, while others believe that success depends on mental attitude. Discuss both views and give your opinion.

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.

Nowadays, there is a rapid increase of rubbish amounts all around the world. What are the main causes for it? What can be a solution, in your opinion?

The government should control the Internet to reduce cyber crime and ensure safety of users. To what extent do you agree or disagree with this statement?

Essentional vocabulary list for IELTS Writing 7+