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?

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There is no doubt that these days people attend to learn how to run a
business
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. The question is, what is the best path to run a
business
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with your family or start on your own? In
this
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essay, I am going to discuss two views and draw my conclusion. In terms of advantages, continuing a
business
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with your family firm could be an easy job with a high salary. To illustrate, your father can teach you how to solve some problems since you were a kid until it becomes a routine for you to work.
In other words
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, your parents might teach you everything you need to be the perfect employer in the future.
Moreover
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, many people would be suitable for these jobs, to continue their family work.
Consequently
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, the benefits to the person would be increasing significantly every single year. 
On the other hand
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, many parents might force their children which will be the start of a mess.
For example
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, it is very natural for each member of the family to have another path he or she wants to follow.
Thus
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, while your cousin is interested in computer science,
for example
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, your siblings can be interested in Mathematics.
Hence
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, being in a high unwanted position will cause many problems to the institution and the family. In conclusion,
although
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it is said that the best way to start a
business
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is within your family, I believe that it is better to start on your own and have the support of your family.
Therefore
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, fewer problems will be involved.
Submitted by haw.marzouq on

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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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