Some people think that the best way to run a business is within the family. What are advantages and disadvantages of a family run business.
Some people believe that family-run businesses represent the ideal enterprise
model
. The major advantage of family corporations is the dedication and hard work exhibited by all family members
for the collective benefit. However
, this
essay will also
explore some disadvantages of family businesses, including individual biases and internal bureaucracy.
To begin
, one significant benefit of the family business
model
is the potential for grooming future generations, who are often educated in business
practices by their parents. Senior members
of the family typically have confidence in their descendants and provide them with opportunities to learn essential skills needed to sustain the business
. Children growing up within the business
environment have the opportunity to observe its operations closely, enabling them to identify weaknesses and devise strategies for improvement. Moreover
, family members
share a common goal of ensuring the success of the business
, motivating them to work diligently. They can openly discuss and address individual weaknesses to enhance overall
productivity. Lastly
, parents often assign roles within the company based on individual strengths, ensuring effective task allocation.
However
, despite its merits, the family business
model
is not without its challenges. Initially
, there is often a blurred line between personal and professional matters, leading to conflicts among family members
. For example
, some individuals may struggle to collaborate with relatives due to
personal disagreements. Additionally
, internal bureaucracy can hinder decision-making processes within the family business
, especially concerning issues such
as promotions. Such
decisions may lead to resentment among non-family employees, impacting their morale and productivity. Furthermore
, inexperienced family members
promoted to leadership roles may lack the necessary skills to address complex business
challenges effectively.
In conclusion, while
family businesses benefit from the dedication of internal staff working for the collective good, they face challenges: internal conflicts and bureaucratic hurdles. Despite these drawbacks, the overall
advantages of the family business
model
often outweigh those of other enterprise frameworks.Submitted by lenam2k1 on
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.
coherence cohesion
The essay maintains a logical structure throughout, with each paragraph clearly addressing either the advantages or disadvantages of family-run businesses. There is a clear introduction that sets out the main argument and a conclusion that summarizes the points made.
task achievement
While the essay mentions several advantages and disadvantages, it could benefit from more specific examples to reinforce the arguments made. Adding real-life scenarios or case studies can provide a more compelling and comprehensive response.
task achievement
The ideas presented are generally clear, but they can sometimes lack depth. Elaborating on certain points, such as giving more detail on how family conflicts impact business operations, would enhance the essay's effectiveness.
coherence cohesion
Occasionally, sentence structures can be somewhat repetitive. Varying sentence lengths and structures would improve the overall readability and engagement of your essay.
task achievement
The essay effectively addresses both the advantages and disadvantages of family-run businesses, presenting a balanced view that covers multiple aspects of the topic.
coherence cohesion
The introduction and conclusion are clearly present and provide a good framework for the essay, aiding in the overall cohesion of the response.
coherence cohesion
The logical flow of ideas is maintained throughout the essay, making it easy to follow the writer's argument.
Support ideas with relevant, specific examples
Examples make your writing easier to understand by illustrating points more effectively.
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