Family owned businesses are quite common in some countries. While some people believe that they have higher chances of success others opine that they are more likely to run into trouble. In my opinion, family businesses have some inherent advantages. However, disagreements between family members can lead to the disintegration of such entities.
The biggest advantage that family businesses have over other businesses is that in a family owned business, people are working for themselves. This itself is a great factor that contributes to the success of a business. People tend to work harder when they work for themselves. Also when someone works for a family owned business, they have the support and encouragement of their family members. In addition, children born in business families learn the tricks of the trade from their childhood itself from their parents and grandparents. This exposure gives them a head start when they start their career and enables them to run the business more efficiently. Also working with family members for the common benefit of the whole family can be both fun and rewarding. In short, a family owned business has many advantages that a regular establishment lacks.
On the flip side, some of the advantages of a family run business can turn out to be disadvantages if the members of the family are not careful. For example, younger family members are more likely to be irresponsible and immature. If they regularly turn up late for work or take too many holidays, it can lead to disagreements. Also, when someone works under their father or sibling, they are more likely to show a lack of seriousness. Unfortunately, this will hurt the prospect of the entire business. In addition, disputes between family members and ego clashes will run a family owned business into trouble.
To conclude, after analysing both sides of the argument it is not hard to see that family owned businesses have several advantages over other types of establishments. However, families that run their own business must ensure that disagreements between family members are resolved before they turn into a business crisis.
Do you have an essay on this topic? Submit it below in the comments for a free band score estimate.
- Most modern families have both parents working and as a result children spend less and less time with their parents.What is the reason for this?What problems can this cause? 77
- Most modern families have both parents working and as a result children spend less and less time with their parents What is the reason for this What problems can this cause 76
- ]Modern technology is now very common in most work places.How do you think this has changed the way we work?Do you think there are disadvantages to relying too much on technology? 80
- Modern technology is now very common in many work places.How do you think this has changed the way we worked?Do you think there are disadvantages to reply too much on technology? 11
- Most modern families have both parents working and as a result children spend less and less time with their parents.What is the reason for this?What problems can this cause? 72
Grammar and spelling errors:
Line 1, column 61, Rule ID: SENTENCE_FRAGMENT[1]
Message: “While” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
...ses are quite common in some countries. While some people believe that they have high...
^^^^^
Line 3, column 279, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Also,
...k harder when they work for themselves. Also when someone works for a family owned b...
^^^^
Line 3, column 662, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Also,
...m to run the business more efficiently. Also working with family members for the com...
^^^^
Line 5, column 19, Rule ID: SOME_OF_THE[1]
Message: Simply use 'some'.
Suggestion: some
...tablishment lacks. On the flip side, some of the advantages of a family run business can...
^^^^^^^^^^^
Transition Words or Phrases used:
also, but, however, if, so, while, for example, in addition, in short, in my opinion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 13.0 7.30460921844 178% => OK
Pronoun: 38.0 24.0651302605 158% => Less pronouns wanted
Preposition: 51.0 41.998997996 121% => OK
Nominalization: 6.0 8.3376753507 72% => OK
Performance on vocabulary words:
No of characters: 1883.0 1615.20841683 117% => OK
No of words: 369.0 315.596192385 117% => OK
Chars per words: 5.10298102981 5.12529762239 100% => OK
Fourth root words length: 4.38284983912 4.20363070211 104% => OK
Word Length SD: 2.78336538947 2.80592935109 99% => OK
Unique words: 168.0 176.041082164 95% => OK
Unique words percentage: 0.455284552846 0.561755894193 81% => More unique words wanted or less content wanted.
syllable_count: 612.0 506.74238477 121% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 4.0 2.10420841683 190% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 7.0 4.76152304609 147% => OK
Performance on sentences:
How many sentences: 22.0 16.0721442886 137% => OK
Sentence length: 16.0 20.2975951904 79% => The Avg. Sentence Length is relatively short.
Sentence length SD: 34.8914491407 49.4020404114 71% => OK
Chars per sentence: 85.5909090909 106.682146367 80% => OK
Words per sentence: 16.7727272727 20.7667163134 81% => OK
Discourse Markers: 3.81818181818 7.06120827912 54% => More transition words/phrases wanted.
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 4.0 5.01903807615 80% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 9.0 3.9879759519 226% => Less negative sentences wanted.
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.306395350736 0.244688304435 125% => OK
Sentence topic coherence: 0.106055801936 0.084324248473 126% => OK
Sentence topic coherence SD: 0.0561512224478 0.0667982634062 84% => OK
Paragraph topic coherence: 0.180883017276 0.151304729494 120% => OK
Paragraph topic coherence SD: 0.0683189290366 0.056905535591 120% => OK
Essay readability:
automated_readability_index: 11.0 13.0946893788 84% => Automated_readability_index is low.
flesch_reading_ease: 46.78 50.2224549098 93% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 10.7 11.3001002004 95% => OK
coleman_liau_index: 12.0 12.4159519038 97% => OK
dale_chall_readability_score: 7.85 8.58950901804 91% => OK
difficult_words: 80.0 78.4519038076 102% => OK
linsear_write_formula: 7.0 9.78957915832 72% => OK
gunning_fog: 8.4 10.1190380762 83% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.