Some people think that the best way to run a business is within the family. What are the advantages and disadvantages of a family-run business?
Family businesses are quite popular in various nations. Handful of individuals believe that the joint venture have higher chance of success whereas others argue that this will result in many problems in nearby future. The advantages and disadvantages will be ascribed in forthcoming paragraphs.
On the constructive part, the most prominent merit is long-term goals. This long-term perspective allows for good strategy and decision making. For instance, the CEO of the multinational company Nike are two brothers who are working hard for their upcoming generation to be more famous branded company all over the world. Moreover, the family members working at family firms are willing to contribute their own finances to ensure the long-term success of the organization and this would be advantageous during economic downturns, where it's necessary to tighten the belt in order to survive the business. Hence, the long-term motives and declined expenses are profitable for business within the family.
On the destructive part, there are the various pitfalls of family firms. Conflict is bound to happen at family relationships. Deep-seated, long lasting bitter fights due to dividing of profits would effect every single person within the firm and can draw divisive lines because family members are involved, conflict can be more difficult to solve and can result in difficult endings. To exemplify, in 2005, a famous dispute between the sons of reliance industries divided India's largest petrochemical manufacturer. Thus, the joint venture would attribute to conflicts in the relationships.
To recapitulate, indubitably the family business is beneficial for handful of people but the disadvantages cannot be ignored as fights could be created within the blood relationships.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2021-10-26 | hiennguyen2212 | 89 | view |
| 2021-01-29 | lakshayaman | 61 | view |
| 2021-01-25 | ajit brar | 73 | view |
| 2021-01-23 | ajit brar | 78 | view |
| 2018-07-10 | DatTran | 87 | view |
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Grammar and spelling errors:
Line 5, column 200, Rule ID: AFFECT_EFFECT[6]
Message: Did you mean 'affect'?
Suggestion: affect
...fights due to dividing of profits would effect every single person within the firm and...
^^^^^^
Line 5, column 473, Rule ID: THE_SUPERLATIVE[2]
Message: A determiner is probably missing here: 'Indias the largest'.
Suggestion: Indias the largest
...the sons of reliance industries divided Indias largest petrochemical manufacturer. Thus, the j...
^^^^^^^^^^^^^^
Transition Words or Phrases used:
but, hence, if, moreover, so, thus, whereas, for instance
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 16.0 13.1623246493 122% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 7.0 10.4138276553 67% => OK
Relative clauses : 4.0 7.30460921844 55% => More relative clauses wanted.
Pronoun: 8.0 24.0651302605 33% => OK
Preposition: 37.0 41.998997996 88% => OK
Nominalization: 4.0 8.3376753507 48% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1513.0 1615.20841683 94% => OK
No of words: 270.0 315.596192385 86% => More content wanted.
Chars per words: 5.6037037037 5.12529762239 109% => OK
Fourth root words length: 4.05360046442 4.20363070211 96% => OK
Word Length SD: 2.96182617081 2.80592935109 106% => OK
Unique words: 161.0 176.041082164 91% => More unique words wanted.
Unique words percentage: 0.596296296296 0.561755894193 106% => OK
syllable_count: 472.5 506.74238477 93% => OK
avg_syllables_per_word: 1.8 1.60771543086 112% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 1.0 5.43587174349 18% => OK
Article: 7.0 2.52805611222 277% => Less articles wanted as sentence beginning.
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 19.0 20.2975951904 94% => OK
Sentence length SD: 72.6063259739 49.4020404114 147% => OK
Chars per sentence: 108.071428571 106.682146367 101% => OK
Words per sentence: 19.2857142857 20.7667163134 93% => OK
Discourse Markers: 4.07142857143 7.06120827912 58% => More transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 6.0 8.67935871743 69% => OK
Sentences with negative sentiment : 8.0 3.9879759519 201% => Less negative sentences wanted.
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.187908507584 0.244688304435 77% => OK
Sentence topic coherence: 0.0706518074051 0.084324248473 84% => OK
Sentence topic coherence SD: 0.0737499459423 0.0667982634062 110% => OK
Paragraph topic coherence: 0.129977501312 0.151304729494 86% => OK
Paragraph topic coherence SD: 0.0490253386544 0.056905535591 86% => OK
Essay readability:
automated_readability_index: 14.6 13.0946893788 111% => OK
flesch_reading_ease: 35.27 50.2224549098 70% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 13.1 11.3001002004 116% => OK
coleman_liau_index: 15.2 12.4159519038 122% => OK
dale_chall_readability_score: 9.67 8.58950901804 113% => OK
difficult_words: 87.0 78.4519038076 111% => OK
linsear_write_formula: 7.0 9.78957915832 72% => OK
gunning_fog: 9.6 10.1190380762 95% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 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.