In today’s world doing a small scale or large scale business is not unusual. Even family run business are popular in many countries. This essay will examine the advantages and disadvantages before coming to a logical conclusion.
First of all on a business that is run within the family, the people will be well aware of the trade and also the contacts they possess will be enormous since the trade has been carried across generations. Moreover, they can withstand if any trivial loss happens because of the business. Few of the prominent businesses such as ornaments, construction, restaurants are mostly run within the family and it catalyzes the growth of business. For example, US President Donald Trump’s family is running their market successfully since five decades. It not only enables their wealth but also enhance the country’s wealth by different methods like Tax reforms, Goods Service Taxes etc.
On the other hand, this phenomenon has few demerits. Though the people is well educated and want to try some other professional careers, it is impossible. Although business tricks are known to them, there is a chance of risk in terms of loss in their business due to various reasons. For instance, due to the advancement of internet, people often don’t like to shop in person and order online. Thus, those who are without the knowledge of internet and peer competition, they may have no choice than to leave their industry.
To summarize, even though doing family run business in the competitive world is subjected to risk, the advantages outweigh the disadvantages. It is beneficial for the individuals as well for the country as they have support personally too. I hope the risks are fairly managed by insuring the products at the right time.
- 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? 56
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Grammar and spelling errors:
Line 3, column 689, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ke Tax reforms, Goods Service Taxes etc. On the other hand, this phenomenon has f...
^^^^^
Transition Words or Phrases used:
also, but, first, if, may, moreover, so, thus, well, for example, for instance, such as, first of all, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 16.0 13.1623246493 122% => OK
Auxiliary verbs: 5.0 7.85571142285 64% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 2.0 7.30460921844 27% => More relative clauses wanted.
Pronoun: 19.0 24.0651302605 79% => OK
Preposition: 38.0 41.998997996 90% => 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: 1494.0 1615.20841683 92% => OK
No of words: 292.0 315.596192385 93% => More content wanted.
Chars per words: 5.11643835616 5.12529762239 100% => OK
Fourth root words length: 4.13376432452 4.20363070211 98% => OK
Word Length SD: 2.8408891485 2.80592935109 101% => OK
Unique words: 175.0 176.041082164 99% => OK
Unique words percentage: 0.599315068493 0.561755894193 107% => OK
syllable_count: 466.2 506.74238477 92% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 10.0 5.43587174349 184% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 16.0 16.0721442886 100% => OK
Sentence length: 18.0 20.2975951904 89% => OK
Sentence length SD: 37.6123317544 49.4020404114 76% => OK
Chars per sentence: 93.375 106.682146367 88% => OK
Words per sentence: 18.25 20.7667163134 88% => OK
Discourse Markers: 7.5 7.06120827912 106% => 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 : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.304313233843 0.244688304435 124% => OK
Sentence topic coherence: 0.0887335364306 0.084324248473 105% => OK
Sentence topic coherence SD: 0.0937837831667 0.0667982634062 140% => OK
Paragraph topic coherence: 0.174463564072 0.151304729494 115% => OK
Paragraph topic coherence SD: 0.055295522492 0.056905535591 97% => OK
Essay readability:
automated_readability_index: 11.8 13.0946893788 90% => Automated_readability_index is low.
flesch_reading_ease: 53.21 50.2224549098 106% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 10.3 11.3001002004 91% => OK
coleman_liau_index: 12.42 12.4159519038 100% => OK
dale_chall_readability_score: 8.58 8.58950901804 100% => OK
difficult_words: 75.0 78.4519038076 96% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 9.2 10.1190380762 91% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
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Rates: 67.4157303371 out of 100
Scores by essay e-grader: 6.0 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.