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?
There is a fact that many people believe for the business to be considered as successful, it should be run by family members. This essay will look into both merits and drawbacks of this argument following by a reasonable conclusion.
In the one hand, managing a business while surrounding by family members could not be easier. Firstly, since the individual already known his colleague very well, which could be his cousins or uncles, he could communicate and concentrate on his duty better without struggling with rigid policy from other departments, which is often quite demanding in regular model company run by board of chairman. Secondly, by managing a business with other relatives by blood or in-law, the owner could be beneficial from gathering a large amount of capital from his people at the very beginning, which is difficult for most of entrepreneur since they have to focus on public funding for their plan. This would give a good head-start for several business that run by family.
In the other hand, there are variety of risks that may affect this type of business in negative ways. As the decision making process now is hardly based on transparency objective but instead rely on others members expectation, that each of them also have their own interests. In fact, it would become a challenge for a leader to satisfy every member in his family. With a faith of company laying down into the hand of group of people, it is often considered to be not attractive to the majority of investors as they know that the current status of company could be easily manipulated by people who has close connection with others in different departments within the organization.
In conclusion,it is a difficult task for family to run their own business, but the earning also very rewarding compare to others model. It is worth to consider any aspect of this type of management before launching to maintain a healthy business environment.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-12-16 | truongson3200 | 73 | view |
| 2019-12-16 | truongson3200 | 56 | view |
| 2019-11-18 | Nivedha_palani | 56 | view |
| 2019-04-17 | Prabhjot Sanghera | 73 | view |
| 2018-10-02 | Cattyhubby | 78 | view |
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Grammar and spelling errors:
Line 7, column 14, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , it
...ithin the organization. In conclusion,it is a difficult task for family to run t...
^^^
Transition Words or Phrases used:
also, but, first, firstly, if, look, may, second, secondly, so, well, while, in conclusion, in fact
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 13.1623246493 114% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 6.0 10.4138276553 58% => More conjunction wanted.
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 27.0 24.0651302605 112% => OK
Preposition: 61.0 41.998997996 145% => OK
Nominalization: 6.0 8.3376753507 72% => OK
Performance on vocabulary words:
No of characters: 1620.0 1615.20841683 100% => OK
No of words: 327.0 315.596192385 104% => OK
Chars per words: 4.95412844037 5.12529762239 97% => OK
Fourth root words length: 4.25242769721 4.20363070211 101% => OK
Word Length SD: 2.75213047427 2.80592935109 98% => OK
Unique words: 181.0 176.041082164 103% => OK
Unique words percentage: 0.553516819572 0.561755894193 99% => OK
syllable_count: 514.8 506.74238477 102% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 9.0 5.43587174349 166% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 7.0 4.76152304609 147% => OK
Performance on sentences:
How many sentences: 12.0 16.0721442886 75% => 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: 27.0 20.2975951904 133% => The Avg. Sentence Length is relatively long.
Sentence length SD: 85.5639380814 49.4020404114 173% => OK
Chars per sentence: 135.0 106.682146367 127% => OK
Words per sentence: 27.25 20.7667163134 131% => OK
Discourse Markers: 8.25 7.06120827912 117% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => 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: 0.180678367274 0.244688304435 74% => OK
Sentence topic coherence: 0.0796866113 0.084324248473 95% => OK
Sentence topic coherence SD: 0.0692201113081 0.0667982634062 104% => OK
Paragraph topic coherence: 0.121197594165 0.151304729494 80% => OK
Paragraph topic coherence SD: 0.0323271003096 0.056905535591 57% => OK
Essay readability:
automated_readability_index: 15.5 13.0946893788 118% => OK
flesch_reading_ease: 44.07 50.2224549098 88% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 13.8 11.3001002004 122% => OK
coleman_liau_index: 11.73 12.4159519038 94% => OK
dale_chall_readability_score: 8.69 8.58950901804 101% => OK
difficult_words: 77.0 78.4519038076 98% => OK
linsear_write_formula: 13.5 9.78957915832 138% => OK
gunning_fog: 12.8 10.1190380762 126% => OK
text_standard: 14.0 10.7795591182 130% => 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.