Some people think that the best way to run a business is within a family. What are the advantages and disadvantages of a family run business?

#people #business

Nowadays, the young generation is more eager towards working opportunities and have some field in partnership with friends. Some people's opinion about

this

is that doing a

business

with a family member is a good idea.

This

trend has its own merits and demerits. In

this

essay, I have shed some light on the benefits and drawbacks of family-run work. To commence with, the main advantage of running employment within a family is not only the trust but

also

peace of mind, loyalty and security.

Moreover

, every member will get an equal amount of shares in it.

Furthermore

, it created positive fame and shows the example of strong bonding and relationships in the market.

Such

as two brothers running a

business

with a common name as 'Johns brothers'.

Additionally

business

owners can benefit more benefited if they run trade with loved ones.

For instance

, running a trade is more challenging in

this

present era, it requires complete time and involvement to get their industry more successful

thus

, it can only be possible with the family members who put all of their efforts to make it flourish.

On the other hand

, there are some drawbacks are associated with a family run

business

Firstly

, there might be created ego related issues which can turn up in disputes between brothers and can ruin the family peace.

Secondly

, they might face inequality in terms of respect, name, work, money and responsibilities.

Finally

, not all of the family members especially youngsters are willing to join

this

trade as they are more likely toward different career paths so

this

will create a detrimental impact on the company. To conclude, the family

business

has many advantages like rising, sharing, trust and honesty only when everyone plays their role of the employee should work for the growth of the family as a team without developing jealousy and inequalities.

Submitted by hifzasiddiqui10 on Sun May 15 2022

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Essentional vocabulary list for IELTS Writing 7+

Learn how to write high-scoring essays with powerful words.
Download Free PDF and start improving you writing skills today!

Do you want to check your IELTS essays?

Submit unlimited essays, letters and charts. Sign up right now and start improving your writing skills.

12Linking words
meeting the goal of 7 or more
1Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

5 paragraphs

310 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 9.0

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: 8.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

🚀 Prepare for IELTS writing section today!

Unlimited Task 1 & Task 2 checks
Practice with essays, charts, and letters.
Personalized suggestions & mistake analysis
Spot every mistake and boost your score.
Topic ideas & vocabulary helpers
Expand your ideas and use the right words.
Progress tracking
Watch your writing improve with every practice.

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

What to do next:

Look at other essays:

5.5
band
The large number of private cars on the roads in many parts of the world has led to serious problems of pollution and may contribute to global warming. Some people think that governments should spend money for the development of public transportation systems in order to help solve this problem. Others think it is better to spend money for the development of electric and other types of cars that may cause less pollution. Discuss both views and give your opinion.
In nowdays, while cars have become an essential tool for transportaion, the number of cars on the roads has been increasing constantly, which has generated more car emissions and worsened global warming. Some insist that governments should allocate more budget into public transportation systems, whereas others complain that the growth of alternative cars such as electric cars is more beneficial than the development of public transportation systems. In my opinion, both upgrades are crucial to solve the problem.
8
band
It is important for all the cities and towns to have large outdoor public spaces, such as parks or squares. Do you agree or disagree with this opinion?
It is controversial whether spacious public spaces for exercise are needed in all cities and towns. I partially agree with this, for promoting public health regardless of the fact that they cause some environmental damage in the countryside.
6
band
In some countries an increasing number of people are suffering from health problems as a result of eating too much fast food. It is therefore necessary for governments to impose a higher tax on this kind of food. To what extent do you agree or disagree with this opinion?
It is not a surprise that fast food has become commonplace these days. A huge number of people prefer to choose meal chains like McDonald's, Burger King, KFC and others as their main way of eating. Subsequently, a lot of people have serious health problems because it is very harmful to eat such foodstuffs constantly. And there is a view that the government should increase the tax on these purchases. And of course, this solution has its advantages and disadvantages. But I think the drawbacks are more.
4.5
band
Some people think that cities are the best places to live. Others prefer to live in a rural area. Compare the advantages and disadvantages of living in the city to living in the countrysid.
the modern era whilewhile others believe that every person was nowadays is more and more independent. This author believes that it is good for people to live by their own self and rely on their own ability.
6.5
band
In many countries, it is very easy to apply for and be given a credit card. However, this causes some people to have problems with debts they cannot pay back. Do you think the advantages of credit cards outweigh the disadvantages?
In the era of globalization, new methods of payment have been generated. credit cards simplest the payment system by purchasing anything without having cash money. However, there is a debate on this argument . As a result, a wide range of individuals could face some obstacles with debts and they may not be able to pay them back. In this essay, I will illustrate the benefits and its hazards.

Some people think that the best way to run a business is within a family. What are the advantages and disadvantages of a family run business?

Essentional vocabulary list for IELTS Writing 7+

It is important for all the cities and towns to have large outdoor public spaces, such as parks or squares. Do you agree or disagree with this opinion?

In some countries an increasing number of people are suffering from health problems as a result of eating too much fast food. It is therefore necessary for governments to impose a higher tax on this kind of food. To what extent do you agree or disagree with this opinion?

Some people think that cities are the best places to live. Others prefer to live in a rural area. Compare the advantages and disadvantages of living in the city to living in the countrysid.

In many countries, it is very easy to apply for and be given a credit card. However, this causes some people to have problems with debts they cannot pay back. Do you think the advantages of credit cards outweigh the disadvantages?