Many businesses in the world today are run by family members. Do the advantages of family-run businesses outweigh the disadvantages.

In

this

modern era, most people would like to do business especially the family trade for many reasons.

This

trend certainly helps the forefather.

This

essay has more merits rather than demerits for the following reasons.

To begin

with, there are many advantages have

this

phenomenon. If the family joins together does commerce while they have many workforces from their blood relatives.

For example

, one of the top family trade company which Ambani group of industries have much commerce around India

consequently

, their blood relation only maintains these merchandise

instead

of a hired man.

Moreover

,

this

can share their's intellectual thought as well as work too.

Hence

, the blood merchandise can earn more profit because all family members certainly put in too much hard work in order to earn more capital along with reputation too.

Conversely

, certainly,

this

movement has some drawbacks

such

as some relatives do not take it seriously when they are running joint dealing

consequently

, they might be gotten lose to their bargaining.

For instance

, one of my cousins run joint bargaining and recently he cannot attend his niece marriage due to all family members have gone to that marriage

thus

,

this

situation certainly creates troubles. To be more precise, sometimes they might be fought between them due to the authority position

thus

, they do not maintain a harmonious relationship among them. To conclude, certainly,

this

trend has more advantages rather than disadvantages for above the reasons. I hope

this

trend is conducive for many youngsters might be started a new buying and selling

consequently

, might be reduced the unemployment ratio undoubtedly.