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

Some individuals opine that the best method to carry out trade is with the family.

This

essay discusses the merits of co-operation and support for the success of the family-run business by all members and important skills learned by younger representatives, including the disadvantages of

this

trend. To begin with, the merits of running a family trade is that, we can trust all the employees blindly, as they are our family .

Additionally

, all members will put their efforts for the success of it.

For instance

, a family-run Ecommerce organisation named grocerybuy.com is being run by a family in India, which has a turnover of about 30 million rupees.

Furthermore

, in

such

businesses, all family representatives face together the ups and downs in the market and do not lose hope and overcome

such

tensed situations easily.

Besides

, the younger generation in the family can

also

learn management skill and can be ready to take over the family endeavour in the future. Despite the advantages , there are certain demerits .

Firstly

, there are certain family-run businesses, where younger family members do not enjoy their family-run work , they lose interest in

such

business and they start performing badly, which results in the company facing financial losses. Sometimes there occur clashes between the strategies and ideas of some family representatives, which creates a huge dilemma for the employees and workers to carry out their task.

For example

, recently the famous airline company which is being run by father and son duo has seen a great loss in the trade and sold their company to overcome losses. In conclusion, the advantages of family commerce are better co-operation and unity to achieve success in their work and the disadvantages like incapability of younger family representative in certain situations.

Hence

, the advantages of running a family business overshadow the disadvantages.

Submitted by mohdali9339 on Tue Jan 12 2021

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

Introduction
Body paragraph 1 – advantages
Body paragraph 2 – disadvantages
Conclusion

Examples to start your body paragraph:

The main advantage is...
The disadvantage of this...
The main benefit...
Despite these advantages...
One possible drawback...

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

4 paragraphs

307 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

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

Answer the 'Advantages and Disadvantages' topic

The opinion exists that old buildings should be demolished to make way for modern structures. To what extent do you agree or disagree?

The increase in the production of consumer goods results in damage to the natural environment. What are the causes of this?

Fast food advertisements can be found on TV and throughout social media, which tempts people to eat unhealthy food. Should fast food ads be banned

in some countries more and more people are becoming interested in finding out about the history of the house or buliding they live in. what are the reason for this? how can people research this?

Universities should take the same number of men and women in each major. To what extent do you agree or disagree with this statement?