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?
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
many limitations. On the one hand, there are a number of advantages of a family-run Change the verb form
exist
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 an
absolute power and control over strategic decisions, staffing, or payroll, which will certainly be of great benefit to all family Remove the article
apply
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
, there are still limitations. By acknowledging these limitations, the Correct subject-verb agreement
has
business
owner can find ways to dodge them.Submitted by 1973 chau on
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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