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In many countries around the world, it is common for families to run their own business. Some people think that keeping the business within the family is the best approach while other believe this could lead to problems. Discuss both views and give your opinion.

#countries #world #families #business #people #approach
One of the social concerns today relates to family
business
.
While
 it is widely believed that the
business
 should be managed by the family in the best way, others believe that families running their own
business
 can lead to numerous problems. In my opinion, I think the family
company
 should attract human resources from outside to have more ideas than only depending on the family
business
. On the one hand, it is argued that holding the
business
 within the family is the best. The main reason is that when the
business
 is managed by the family helps to secure the important information about the
company
such
 as the plan to develop new products, plan for expanding the market, and scheme the finances. Another reason is the
business
 can easier to manage because they can set the members of the family suitable for the position.
For example
, today important information often is stolen by the staff of a
company
 and sold to a rival
company
therefore
 security information is extremely necessary.
On the other hand
, it is strongly believed by others that the
business
 operated by family can have some problems.
Firstly
, when the families run their own
business
 they can not attract high human resource high-quality lead to their
company
 not having innovation.
Secondly
, the extent of the
company
 is only small and can have some difficulty with expanding the market. In fact, the family often have 5-7 members and if the
business
 only depends on them can have a variety of difficulties in the development of the
business
. In conclusion, some people believe that a
business
 managed by the family is the best approach
while
 others believe there are some problems with
this
 statement. Personally, I tend to believe that the
business
 should be balanced by employees both family and outside.
This
 helps the
business
 have more benefits than depending on the members of the family.
Submitted by yeshomeclass on

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