Despite the fact that some people think that family
business
is the best suitable
model
, I believe that there are several drawbacks that potential cause businesses own and managed by
families
are not successful. In
this
essay, I will discuss both views and provide reasons and examples supporting my standpoint.
On the one hand, there are a number of benefits supporting
business
concept.
Firstly
, it is the most cost-saving
business
model
since the companies do not need to hire
muchChange the quantifier
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managers; the
families
business
management structure mostly are from
families
member and one person can take many roles.
Secondly
, the
knowhowCorrect your spelling
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or expertise can be passed to generations.
For example
, in Thailand, there are many restaurants that can keep the secret recipe or special methods and develop it to be a very unique brand identity. These
strengthChange the determiner
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bring
a Correct article usage
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very
successfulReplace the word
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to
this
family
business
model
.
On the other hand
, Having and
your own
families
business
could cause tons of issues.
To begin
with, can you imagine yourself have the same home and workplace environment?
YouCorrect pronoun usage
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colleagues can
also
be your father or brother.
This
model
makeChange the verb form
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unclearAdd an article
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boundary between work and personal.
AtChange the preposition
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the end, most people working with their
families
usually end up with
work lifeAdd a hyphen
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notAdd the comma(s)
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balance.
Then
, since most
members are
employeeFix the agreement mistake
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, it is quite difficult to separate between personal and
business
pocketFix the agreement mistake
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. Try as you may, it could probably occur the grey situation that someone might overuse the others' budget as they think 'we share everything as
familyAdd an article
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'
Lastly
,
familyAdd an article
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business
may
lostChange the verb form
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a good opportunity to hire
a Remove the article
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good management or expert. Family leaders are mostly the same person as
businessAdd an article
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leaderFix the agreement mistake
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;
however
, in some cases, due to
generationCorrect article usage
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gap, those leaders might not fit in
newAdd an article
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wave of
business
or do not understand it enough.
In conclusion, it seems to me that having owned and run by the
families
is not the best way to lead
businessCorrect article usage
show examples
due to many critical problems: blended work and home environment, money management, and
opportunity to employ the right man to the right job.