In many countries, it is common for families to own and run their own businesses. some people think this is the best way to run a business, while others consider this a potential source of problems. What is your opinion?

#countries #families #businesses #people #business #source

Family-owned

businesses

are quite common in some countries. Some people think that they have higher chances of success,

while

others believe that they are more likely to run into trouble. In my opinion, family

businesses

have some inherent

advantages

However

, disagreements between family

members

can lead to the disintegration of

such

entities. The biggest advantage that family

businesses

have over other

businesses

is that in a family-owned

business

, people are working for themselves.

This

itself is a great factor that contributes to the success of a

business

. People tend to work harder when they work for themselves.

Also

when someone works for a family-owned

business

, they have the support and encouragement of their family

members

In addition

, children born in

business

families learn the tricks of the trade from their childhood itself from their parents and grandparents.

This

exposure gives them a head start when they start their career and enables them to run the

business

more efficiently.

Also

working with family

members

for the common benefit of the whole family can be both fun and rewarding. In short, a family-owned

business

has many

advantages

that a regular establishment lacks. On the flip side, some of the

advantages

of a family-run

business

can turn out to be disadvantages if the

members

of the family are not careful.

For example

, younger family

members

are more likely to be irresponsible and immature. If they regularly turn up late for work or take too many holidays, it can lead to disagreements.

Also

, when someone works under their father or sibling, they are more likely to show a lack of seriousness. Unfortunately,

this

will hurt the prospect of the entire

business

In addition

, disputes between family

members

and ego clashes will run a family-owned

business

into trouble.

To conclude

, after analysing both sides of the argument it is not hard to see that family-owned

businesses

have several

advantages

over other types of establishments.

However

, families that run their own

businesses

must ensure that disagreements between family

members

are resolved before they turn into a

business

crisis.

Submitted by panetariyaragini78 on Mon Jul 10 2023

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such as
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8Linking words
meeting the goal of 7 or more
4Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

342 words

6.50

Overall Band Score

Coherence and Cohesion: 5.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Topic Vocabulary:

Nepotism
Succession
Merit-based
Diverse perspectives
Professional boundaries
External stakeholders
Adaptability
Innovation
Loyalty
Generational business
Personal investment
Aligned values

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In many countries, it is common for families to own and run their own businesses. some people think this is the best way to run a business, while others consider this a potential source of problems. What is your opinion?

Support ideas with relevant, specific examples

In some places, teenagers are encouraged to get part-time job while they are still in school. Do the advantages of teenagers working outweigh the disadvantages?

You recently booked a part-time course at a college. You now need to cancel your booking. Write a letter to the college administrator. In your letter, •say which part-time course you booked •explain why you need to cancel your booking • ask about booking a different course

Some people think that it should be compulsory for people to retake their driving test every five years. What are the advantages and disadvantages of doing this?