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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Nowadays, many people dream of having their own businesses, while it is believed that running a family
business
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is the best way to do so.
This
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essay will highlight the pros and cons of family-run companies. Some may hold that starting a small enterprise within the family is the best way for it to succeed.
In other words
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, family members would be equally invested in the work, and they would be motivated to give their all to make the
business
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thrive.
For instance
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, a family member would have a sense of responsibility while working and contribute intensely to the
business
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expansion, unlike a strange employee who's likely more interested in his wage.
Moreover
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, starting a new
business
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can be stressful and needs a lot of self-confidence;
thus
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, having family members around can be a confidence and productivity booster. The best example is the easiness a
person
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feels with his family's support.
Therefore
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, there are many good reasons why a
person
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should run a
business
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within the family.
However
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, a family
business
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has its detriments as well. The work conflicts can follow the
person
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home if he is related to his partner and create problems that may take a long time to be resolved, which can cause the
business
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to collapse.
For instance
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, a wife can take personally work-related feedback coming from her husband, leading to a feeling of resentment affecting their relationship and the work.
Furthermore
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, some employees would take the blood connexion for granted and break rules that ordinary personnel won't violate,
such
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as absenting or being constantly late without any proper explanation.
Consequently
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, there are multiple disadvantages that a
person
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should not turn a blind eye to them. In conclusion, some people deem that the best way to run a
business
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is to keep it in the family. Indeed there are multiple benefits why a
person
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should opt for
this
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, but it is
also
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essential to not forget the drawbacks of running
such
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businesses.
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Structure your answers in logical paragraphs

The easiest way to score well on the IELTS Task 2 writing portion is to structure your writing in a solid essay format.

A strong argument essay structure can be split up into 4 paragraphs, each containing 4 sentences (except the conclusion paragraph, which only contains 3 sentences).

Stick to this essay structure:

  • Paragraph 1 - Introduction
  • Paragraph 2 - First supporting paragraph
  • Paragraph 3 - Second supporting paragraph
  • Paragraph 4 - Conclusion

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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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