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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

#people #business
It is considered that to start a new
business
, different type of professionals required. Some people believe that
business
 must be managed by family only, while others are in favour of hiring skilful people to work for their
business
.
This
 essay will discuss both pros and cons of the statement. On the one ,hand the benefits of running a
business
 by the family are trust and easy availability of workforce required for every trade. Because it's really difficult to hire a new trustworthy intelligent community and taking risk of giving
business
 in their hands. For ,instance a
business
 like shops can be run by the family without any special team and it's worth taking the risk when a
business
 is managed by own reliable family member,
Moreover
 no interview process required and it saves plenty of time and energy. on the other ,hand there are many advantages of having well educated and experienced people.
business
 grow exponentially if it handled by the proper management team.
Although
 it requires a lot of investment to build a team,
that is
 compulsory in many scenarios.
for example
 to start an IT company a technical and management teams are essential
otherwise
this
 type of
business
 can't be run by the family. In ,addition it's not obvious that every person in the family has technical skills. In conclusion, many argue that businesses must be run by safe hands while others do not agree to start a
business
 without a proper protocol.
Submitted by Shreya on

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Essentional vocabulary list for IELTS Writing 7+

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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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