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?

There is no country in

this

world which is untouched by the phenomenon of

business

. Recent studies indicate that

this

trend would only likely to accentuate in the coming decades considering the ground realities of the modern world.Increasingly laid out for all to see and fast becoming a fixture of many discussions on an

issue

that pertains to the effects of running the family

business

.

This

essay shall analyse the

issue

from both sides and argue that the advantages of

family work

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family, work

far outweigh any meagre disadvantage it may proffer. A quick perusal of the

issue

at hand would through up a surfeit of seminal reasons supporting some peoples perspective that some of the family members have no interest on family

business

.

Firstly

, it leads to family conflict and long lasting bitter fights between relatives.The proponents of the view

also

feel that,

this

also become

Suggestion

has also become

also becomes

is also becoming

an example of unstructured governance.To top it all it is their contention that, many family firms lack succession plans.

However

, if we are honest about it, we might acknowledge that the above mentioned development is

an archic approach

Suggestion

an anarchic approach

anarchic approach

the anarchic approach

to the

issue

which not only blithely ignore the dynamics of our modern cosmopolitan world but

also

fails to take into account the progress that we achieved as human beings. How often do we read in the newspapers

,

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,

appalling reports of the dire existence of various aboriginal groups, which is where we would ultimately end up if we choose follow

such

primitive fantasies.

This

is the slippery slop that we would best avoid. In my arsenal of argument supporting the perspective that family

business

improves the commitment and unified leadership.One of the most potent is that flexibility and versatility between employees.I

also

feel that it helps to decrease cost and expenditures.

Additionally

,

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,

providing succour to my line of reasoning is the various research topics which show a significant correlation between family

business

size and

business

relationship.

Finally i

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Finally, I

Finally I

would opine that, it is a long term relationship between employees. Having considered the brighter and seamier aspects, it seems ever so sensible to register my agreement with the statement that the family

business

is the best way to run

business

Suggestion

a business

.In spite of the intricate tapestry of arguments delicately woven against family firms

.

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.

IT seems unconvincing to my psyche on a

subtextual

basis.

It

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It's

also

evident that while the upsides to family

business

are tangible

,

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,

profound and enormously consequential

,

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,

the drawbacks are ephemeral, superficial and beyond a point cease to be palpable in the long run

.

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.

Suffice it to say

,

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,

family

business

is more convenient for big family.