Some people think that the best way to run a business is within a family,what are the advantages and disadvantages of a family run business?
Businesses among the same chain of relations are considered to be one of the best way for livelihood.This essay will suggest that such businesses will eventually flourish because of the team work among kith and kin which is the principal advantage, while the slightest disputes among the kinsmen proves to be one of the biggest disadvantage for the family owned organisations.
In a family based business the father,the mother and the siblings budget their finances and scrutinize the profit and loss investments,hence they all work together honestly and religiously showering their loyalty at its best for leading the company to reach its splendid height.The innovative ideas are put-forth by the well-educated up-coming generations of the fellow kinsmen so as to expand its regime in the business world and during the fade times of loss and damage,the employees invest their extra time and effort and sacrifice their finances if needed to support the family emotionally and economically.The Times of India recently reported that The Reliance group of companies is among the most expanding businesses in India.The family empire is run by the Ambani and his sons and has expanded from textiles to petroleum and sparked a telecom industry as well.
Despite these advantages,the emotional conflicts and rivalries among siblings,emotional disputes between husband and wife will have a large impact on the future goals which will affect the reputation of the organisation in the society,by and large,this results in the complete deadlock stage of the business.History is full of such incidences in which family owned businesses had to face a shutdown due to personal tensions between different members of kith and kin.The Russian Government reported in an article that the family-based finance website was at its peak in 2013,was recently closed in July due to the family clashes and fights for the issue of inheritance.
In conclusion,having a family based business can be advantageous if it does not allow the family quarrels to enter into the work-field besides the co-operation at its best should be necessary when working with the relatives.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-12-27 | syed fasi uddin | 84 | view |
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Grammar and spelling errors:
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...o be one of the best way for livelihood.This essay will suggest that such businesses...
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... flourish because of the team work among kith and kin which is the principal adva...
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... In a family based business the father,the mother and the siblings budget their fi...
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...rutinize the profit and loss investments,hence they all work together honestly and rel...
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...he company to reach its splendid height.The innovative ideas are put-forth by the w...
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...oming generations of the fellow kinsmen so as to expand its regime in the business world...
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...during the fade times of loss and damage,the employees invest their extra time and e...
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...the family emotionally and economically.The Times of India recently reported that ...
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...economically.The Times of India recently reported that The Reliance group of comp...
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... the most expanding businesses in India.The family empire is run by the Ambani and...
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... the most expanding businesses in India.The family empire is run by the Ambani and...
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...ses in India.The family empire is run by the Ambani and his sons and has expanded...
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...stry as well. Despite these advantages,the emotional conflicts and rivalries among...
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...l conflicts and rivalries among siblings,emotional disputes between husband and wife will ...
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...ation of the organisation in the society,by and large,this results in the complete ...
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...organisation in the society,by and large,this results in the complete deadlock stage ...
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...complete deadlock stage of the business.History is full of such incidences in which fam...
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...tween different members of kith and kin.The Russian Government reported in an artic...
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...he issue of inheritance. In conclusion,having a family based business can be advantag...
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...st should be necessary when working with the relatives.
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Transition Words or Phrases used:
besides, hence, honestly, if, so, well, while, as to, in conclusion, by and large
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 13.1623246493 91% => OK
Auxiliary verbs: 6.0 7.85571142285 76% => OK
Conjunction : 18.0 10.4138276553 173% => OK
Relative clauses : 7.0 7.30460921844 96% => OK
Pronoun: 18.0 24.0651302605 75% => OK
Preposition: 55.0 41.998997996 131% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1810.0 1615.20841683 112% => OK
No of words: 339.0 315.596192385 107% => OK
Chars per words: 5.33923303835 5.12529762239 104% => OK
Fourth root words length: 4.29091512845 4.20363070211 102% => OK
Word Length SD: 3.17477867541 2.80592935109 113% => OK
Unique words: 194.0 176.041082164 110% => OK
Unique words percentage: 0.572271386431 0.561755894193 102% => OK
syllable_count: 579.6 506.74238477 114% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 7.0 2.52805611222 277% => Less articles wanted as sentence beginning.
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 4.0 16.0721442886 25% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 84.0 20.2975951904 414% => The Avg. Sentence Length is relatively long.
Sentence length SD: 250.621602221 49.4020404114 507% => The lengths of sentences changed so frequently.
Chars per sentence: 452.5 106.682146367 424% => Less chars_per_sentence wanted.
Words per sentence: 84.75 20.7667163134 408% => Less words per sentence wanted.
Discourse Markers: 20.25 7.06120827912 287% => Less transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 21.0 5.01903807615 418% => Less language errors wanted.
Sentences with positive sentiment : 3.0 8.67935871743 35% => More positive sentences wanted.
Sentences with negative sentiment : 1.0 3.9879759519 25% => More 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: 0.194326261995 0.244688304435 79% => OK
Sentence topic coherence: 0.11710788976 0.084324248473 139% => OK
Sentence topic coherence SD: 0.0308722842551 0.0667982634062 46% => Sentences are similar to each other.
Paragraph topic coherence: 0.11710788976 0.151304729494 77% => OK
Paragraph topic coherence SD: 0.0308722842551 0.056905535591 54% => OK
Essay readability:
automated_readability_index: 46.1 13.0946893788 352% => Automated_readability_index is high.
flesch_reading_ease: -22.24 50.2224549098 -44% => Flesch_reading_ease is low.
smog_index: 18.2 7.44779559118 244% => Smog_index is high.
flesch_kincaid_grade: 37.2 11.3001002004 329% => Flesch kincaid grade is high.
coleman_liau_index: 14.88 12.4159519038 120% => OK
dale_chall_readability_score: 12.74 8.58950901804 148% => OK
difficult_words: 106.0 78.4519038076 135% => OK
linsear_write_formula: 30.0 9.78957915832 306% => Linsear_write_formula is high.
gunning_fog: 35.6 10.1190380762 352% => Gunning_fog is high.
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?
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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 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.