Some people think that the benefit of running a small business is to employ family members. What are the advantages and disadvantages of running a family business?

In recent years, the question of whether family businesses gain from hiring
relatives
Use synonyms
has been widely debated.
While
Linking Words
some people contend that
this
Linking Words
trend offers more than it takes, I firmly disagree with
this
Linking Words
statement. Even though running a family
business
Use synonyms
has several merits, they do not overshadow the drawbacks. On the one hand, a primary benefit of recruiting a family member in
business
Use synonyms
is gaining efficient training as a head start. Entering the job market is difficult for beginners, but family-owned firms make it easier for
relatives
Use synonyms
to acquire the essential skills and experience.
For example
Linking Words
, large corporations,
such
Linking Words
as Apple, Samsung, and Walmart, hire their family members, improving their skills significantly
while
Linking Words
raising their companies' revenue.
Moreover
Linking Words
, another significant factor is the fact that employing
relatives
Use synonyms
in privately owned companies increases not only productivity but
also
Linking Words
creativity, since
relatives
Use synonyms
are more likely to provide all their abilities to gain more returns.
On the other hand
Linking Words
, a family-owned
business
Use synonyms
can create inequity among employees. There is a higher chance that running a family
business
Use synonyms
can disrupt decision-making when choosing who to promote. If there were a higher-ranking position that everyone competes for, the company president is most likely to give it to a family member rather than to a worker who is more competent, leading to frustrated and unproductive staff.
Furthermore
Linking Words
, a family enterprise can create dependency on the family, which reduces self-reliance and personal development.
For instance
Linking Words
, research published in the Global Economy Journal reported that less than one-third of family businesses could manage succession to the second generation,
due to
Linking Words
conflicts resulting from family ties.
To conclude
Linking Words
,
although
Linking Words
family-owned companies offer certain advantages, I am convinced that the disadvantages far outweigh their benefits. Injustice and stagnation can occur when prioritising family members over more competent employees.

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.

planning
Plan your answer: state the main idea, then list advantages and disadvantages, and finish with a clear view.
facts
Use accurate facts. If you mention examples, pick well known and true cases.
language
Use short sentences. Use simple linking words to keep your thoughts clear.
structure
Good job using a clear structure with an introduction, two body parts, and a conclusion.
coherence
You show both sides and give a final view.
What to do next:
Look at other essays: