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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?

#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

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Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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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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