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, it is asserted that running a family business is an optimal approach. It is irrefutable that family
companies
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may have some advantages
due to
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family bonds,
however
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, that
also
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can be its drawbacks. On the one hand, there are several advantages when
members
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in
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of
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the family
work
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together to start up their own business.
Firstly
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,
members
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in
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of
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a family will have more sympathy and easy to understand than other strangers.
Moreover
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, those leading to every
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members
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member
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in that family will
work
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effectively, which can increase the amount of
outputs
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output
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. Another reason is that their family ties
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also
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are also
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distributed to
a
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apply
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solidarity and these
members
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can
work
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together perfectly.
Therefore
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, their
companies
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can make it easy to develop.
For instance
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, it can be seen in Vietnam, where there are numerous
companies
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held by families and these
companies
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have grown dramatically and
became
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become
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enterprises.
Nevertheless
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, working in family
controls
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control
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may have certain downsides. One issue could be that in the company
environments
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environment
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, there will be some arguments that stick to jobs,which have caused the contrasting view among each member. These attributes crack the family’s
emotion
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emotions
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,which may cause distances between each person. As a
last
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resort, these people may lose their jobs and find another workplace. In conclusion, when people
work
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in the family business, they may strengthen their ties through a period
working
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of working
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together and
build
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building
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the company. But it
also
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causes some negative impacts on their personal view and emotion, which come with
a
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apply
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hardship.

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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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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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