Many business in the world today are run by family members. Do the advantages of family-run business outweigh the disadvantages?

It is widely acknowledged that family-managed companies have become increasingly common in modern society.
While
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this
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trend offers several advantages, it
also
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presents certain disadvantages.
This
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essay will examine both aspects of
this
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issue. On the
one
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hand,
one
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of the main benefits of family-controlled businesses is that family members are more likely to have a long-term interest in the success of the
business
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, as it can benefit future generations.
This
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can be particularly positive because family members often share common goals.
For example
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, they can make decisions more quickly
and
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, and
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any adjustments can be made with greater flexibility as family members often share
common
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a common
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attitude.
In addition
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, family-run businesses may save on
labor
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labour
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costs as they might be willing to work for less, especially in the initial phases of the
business
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, which
further
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contributes to
a
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apply
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lower investment capital.
On the other hand
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, despite these benefits, there are several drawbacks associated with the complete work handover to relatives.
One
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significant disadvantage is that they may lack the necessary professionalism or skills required for certain tasks, which could hinder
business
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growth.
Moreover
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, personal conflicts within the family can spill over into the
business
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, leading to decision-making paralysis and operational challenges, which can negatively affect the project's progress.
For instance
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, if
one
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of the shareholders within the family
got
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had
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a dispute with the
other
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other,
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this
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may lead to partnership dissolution and
overall
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project's
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project
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failure. In conclusion,
although
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both sides present valid arguments, I believe that collaborating with family to manage the
businesess
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businesses
is not advisable, because
succseeding
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succeeding
the
entreprises
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enterprises
requires skilled and trustworthy individuals
which
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, which
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is
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are
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not always present in our relatives.

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structure
Use a clear main idea in each paragraph and back it with one small example.
coherence
Add simple links to show how ideas fit together and move from one idea to the next.
grammar
Check spelling and word form. Fix mistakes like businesess, succseeding, and attitude.
task response
State your main view clearly in the introduction or keep the same point in the body and end with a clear stance.
lexical
Use short, simple words and short sentences to keep the meaning easy.
structure
Clear layout with intro, body, and end.
content
Shows both sides of the topic.
task response
A clear view is seen at the end.
Topic Vocabulary:
  • trust and loyalty
  • long-term interest
  • benefit future generations
  • efficiency and flexibility
  • common goals
  • reduced costs
  • personal conflicts
  • decision-making paralysis
  • operational challenges
  • lack of professionalism
  • necessary skills
  • succession problems
  • transitioning leadership
  • power struggles
  • disagreements
  • sustainability
  • limited network
  • professional network
  • growth opportunities
  • non-family-run businesses
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