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.
There is no denying the fact that most individuals prefer to work for their family businesses to expand them, and some
people
advise keeping family businesses within families, whereas
some believe that this
approach can bring some significant consequences. In this
essay, I will aim to explore both ideas and give my opinion.
On the one hand, a considerable number of people
advocate the inheritance of family businesses as a beneficial concept. Firstly
, it not only helps to make a reputation but also
positively affects the well-being of the family in society. For example
, an Indian businessman, Mukesh Ambani, got his business
inheritance, which made his family one of the most famous in the world. Secondly
, a family business
can increase the richness and wealth of a particular family if they are running it themselves.
On the other hand
, an equal number of people
think that it can lead to some difficulties. It can break relationships and cause disputes among members. People
start comparing themselves to others in their relationships. For instance
, a survey by the Times of India shows that, in Asia, mostly large families broke their relations with each other because of their misunderstandings in business
. Furthermore
, keeping the business
within one household can ruin the business
too because it is not always sure that the next generation who is going to handle the business
is capable enough to do so.
To conclude
, both aspects have their own merits and demerits, which cannot be ignored. I believe that passing on the family business
should depend on the abilities of the person rather than their relationships because it is not only helpful for the business
but also
for others to invest in it.Submitted by maangaganpreet51 on
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task achievement
To achieve a more comprehensive task response, ensure that your opinion is interwoven throughout the essay, not just reserved for the conclusion. Expanding on why someone might disagree or alternative perspectives could strengthen argumentation.
task achievement
While your points are well-supported, further developing counterarguments could improve balance and depth. Consider addressing and rebutting common opposing arguments to enhance persuasiveness.
coherence cohesion
Enhance coherence through the use of transition signals, aiding the reader to follow the progression of ideas between paragraphs naturally. This could further smooth the logical progression.
coherence cohesion
The introduction sets a clear and focused direction for the discussion, guiding the reader into the main themes of the essay.
task achievement
Strong examples, like Mukesh Ambani's case, effectively illustrate points and ground arguments in reality, highlighting concrete understanding.
coherence cohesion
The essay maintains a clear structure throughout, with a logical progression of ideas from one paragraph to another, culminating in a balanced and meaningful conclusion.