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Many businesses in the world today are run by family members. Do the advantages of family-run businesses outweigh the disadvantages. Give reasons for your answer and include any relevant examples from your experiences or knowledge

#businesses #world #members #experiences
Nowadays, the majority of the
businesses
 that exist are handled by family
members
. There are many drawbacks of family-run
businesses
however
 benefits outweigh the negatives.
This
 essay will provide some examples to support my notion. On one hand,
businesses
 that are inherited by children or other relatives have a list of benefits.
Firstly
, families are more aware of the know-how of the
business
 and it is better that the money remains within the family.
Secondly
, they understand the value of the
business
 as their ancestors or forefathers worked really hard to build it from the scratch.
For example
, when a multi-national company is built by a father and later taken over by his sons who have seen their father working day and night to build a brand
then
 the sons invest their time and money to grow the
business
.
Moreover
, family
members
 have a long-term perspective as compared to non-family
members
 because they need to retain the standard of
business
.
Also
, the cost of employees is reduced because a lot of
task
Change to a plural noun
tasks
show examples
 could be taken up by one or more
members
 reducing the expense of giving a salary to an employee.
On the other hand
, there are a few disadvantages like
businesses
 handled by family
members
 can sometimes even break relationships as there will be competition among relatives over the share of
business
 and decision making.
This
 might result in serious conflicts and sometimes may
also
 be taken to the court. To conclude, a family-run
business
 has some disadvantages but there are more benefits like the value of a
business
 is considered and everybody works towards achieving one goal.
Submitted by biswal.akankshya on

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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