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?

#people #business

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Every country has family-run

businesses

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This

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is offering multifarious benefits to consumers.

However

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, a couple of issues can emerge due to the same. The following paragraphs will highlight the pros and cons of

this

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tendency before making a final note. To commence with, Integrity and profound loyalty are the main benefits of a family-run

business

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. All

members

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support each other and encourage even during the non-profitable stage.

For example

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, staff will not demand paychecks when there is no profit.

Additionally

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, the younger generation may be familiar with all the processes involved in

business

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running as well as accounting, resources management and sales management.

Therefore

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, they can manage the

business

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under any circumstances.

Lastly

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, all the family

members

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can have a chance to get employed. On the negative side, the staff of a family

business

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may have a short learning curve.

As a result

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business

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management may be less efficient compared to other market players.

For instance

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, accounting and marketing require special knowledge and abilities.

However

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, in family enterprises, these positions are mostly taken by unemployed relatives without sufficient education,

this

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may lead to a number of issues regardless of hands-on experience.

Moreover

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, family-run

businesses

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may be unsuccessful because of issues related to profit sharing, outside recruitment, and etc.

Members

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can have disagreements leading

businesses

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to failure. The service quality may be substandard because of the irresponsibility and immaturity of younger

members

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. To conclude, I personally think that family-run

businesses

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can be successful only if properly managed. If all the disagreements are resolved timely, the

business

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will thrive for a long time.

Submitted by shoira.shakirovna on Mon Sep 06 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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9
Linking words
meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

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: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 7.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

261 words

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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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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?

Answer the 'Advantages and Disadvantages' topic

Students should pay the full cost their own study, because universities education benefits individuals rather than society. To what extent do you agree disagree?

Many things that used to be done in the home by hands are now being done by machines does this develoment has more advantages or disadvantaged.

Some Young People are leaving the countryside to live in towns and cities, leaving only old people in the countryside. What problems are caused by this issue? What can be done to solve this situation?

The floor plans below show the changes that were made to a house over a six-month period.

Traffic jam is increasing, what are causes and solution?