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

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

Although

this

model is applauded by many experts, there still

exists

Change the verb form

exist

show examples

many limitations. On the one hand, there are a number of advantages of a family-run

business

First,

since the

business

is operated and overseen by family

members

such

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

business

This

means that the family has

Remove the article

apply

show examples

absolute power and control over strategic decisions, staffing, or payroll, which will certainly be of great benefit to all family

members

Second,

since family-run businesses are private corporations, they are not subject to complex financial reporting requirements. As a result, the

business

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 downsides.

First,

business

-related conflicts among family

members

have the potential to sabotage any family relationships.

For example

, a dispute over either

business

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

Second,

non-family employees working for a family-run

business

might view

this

business

practice as unfair towards them.

For instance

, 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 the clear advantages a family-run

business

have

Correct subject-verb agreement

has

show examples

, there are still limitations. By acknowledging these limitations, the

business

owner can find ways to dodge them.

Submitted by 1973 chau on Wed Jul 22 2020

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Structure your answers in logical paragraphs

The easiest way to score well on the IELTS Task 2 writing portion is to structure your writing in a solid essay format.

A strong argument essay structure can be split up into 4 paragraphs, each containing 4 sentences (except the conclusion paragraph, which only contains 3 sentences).

Stick to this essay structure:

Paragraph 1 - Introduction
Paragraph 2 - First supporting paragraph
Paragraph 3 - Second supporting paragraph
Paragraph 4 - Conclusion

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Essentional vocabulary list for IELTS Writing 7+

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8Linking words
meeting the goal of 7 or more
2Word repetition
meeting the goal of 3 or fewer
3Grammar mistakes
 

1 paragraphs

266 words

0123456789.0505

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: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

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 of a family run business?

Structure your answers in logical paragraphs

Essentional vocabulary list for IELTS Writing 7+

Today food travel thousand of mile from farmers to consumers. Why is it so? It is a positive or negative development?

With a growing world population, one of the most pressing issues is that of feeding such a large number of people. Some people think that GM foods offer a viable solution to this problem. To what extent do you agree or disagree?

Caring for children is probably the most important job in any society. Because of this, all mothers and fathers should be required to take a course that prepares them to be good parents. To what extent do you agree or disagree with this view?

The plan below show the layout of a university 's sports centre now,and how it will look after redevelopment Simmerise the information by selecting and reporting the main features, and make comparisons where relevant

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?