Some people think the best way to run a business is within the family. What are the advantages and disadvantages of a family run business?

Essay topics:

Some people think the best way to run a business is within the family. What are the advantages and disadvantages of a family run business?

It is believed that involving family members into business is the best way to do business. This approach has both benefits and drawbacks.

The main reason why people support the notion that running a business with relatives is beneficial is because family members usually have a better understanding of each other. Undoubtedly, most families are aware of their strong and weak sides. Therefore, they can create a better business structure and place a more suitable person in each position in the company. Another reason there is the sense of belonging that all workers have because it is their family's business. Indeed, people are more willing to work harder if they know that their family will benefit from the development.

On the other hand, there are a few disadvantages of doing business with family. Firstly, it is not a rare situation when all important positions in the company are held by family members. However, sometimes person was employed without the required skills and knowledge, and have this position only because of family bonds. Inevitably, this can lead to serious problems in business. Secondly, family problems can affect work relationships. Arguing between siblings, for example, might cause unhealthy competition at work and decrease business profits.

In conclusion, although family business has its benefits, such as understanding and having the same goal, there are some disadvantages as well. Family relationships and business relationships can have negative effects on each other.

Votes
Average: 5.6 (1 vote)
This essay topic by users
Post date Users Rates Link to Content
2019-08-10 annie95 56 view
2018-01-22 chitra 56 view
2016-12-24 Janani P 73 view
Essays by user annie95 :

Comments

Grammar and spelling errors:
Line 3, column 413, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...r reason there is the sense of belonging that all workers have because it is thei...
^^

Transition Words or Phrases used:
first, firstly, however, if, second, secondly, so, therefore, well, for example, in conclusion, such as, on the other hand

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 6.0 7.85571142285 76% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 16.0 24.0651302605 66% => OK
Preposition: 23.0 41.998997996 55% => More preposition wanted.
Nominalization: 5.0 8.3376753507 60% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 1285.0 1615.20841683 80% => OK
No of words: 237.0 315.596192385 75% => More content wanted.
Chars per words: 5.42194092827 5.12529762239 106% => OK
Fourth root words length: 3.92362132708 4.20363070211 93% => OK
Word Length SD: 2.8320001199 2.80592935109 101% => OK
Unique words: 140.0 176.041082164 80% => More unique words wanted.
Unique words percentage: 0.590717299578 0.561755894193 105% => OK
syllable_count: 404.1 506.74238477 80% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.

Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 15.0 20.2975951904 74% => The Avg. Sentence Length is relatively short.
Sentence length SD: 34.3662625259 49.4020404114 70% => OK
Chars per sentence: 85.6666666667 106.682146367 80% => OK
Words per sentence: 15.8 20.7667163134 76% => OK
Discourse Markers: 8.13333333333 7.06120827912 115% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 4.0 3.9879759519 100% => OK
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.277012188257 0.244688304435 113% => OK
Sentence topic coherence: 0.0866579549047 0.084324248473 103% => OK
Sentence topic coherence SD: 0.0737113638579 0.0667982634062 110% => OK
Paragraph topic coherence: 0.169591801966 0.151304729494 112% => OK
Paragraph topic coherence SD: 0.0227164267653 0.056905535591 40% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.

Essay readability:
automated_readability_index: 12.0 13.0946893788 92% => Automated_readability_index is low.
flesch_reading_ease: 47.79 50.2224549098 95% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 10.3 11.3001002004 91% => OK
coleman_liau_index: 13.86 12.4159519038 112% => OK
dale_chall_readability_score: 8.44 8.58950901804 98% => OK
difficult_words: 61.0 78.4519038076 78% => More difficult words wanted.
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 8.0 10.1190380762 79% => OK
text_standard: 8.0 10.7795591182 74% => OK
What are above readability scores?

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Minimum 250 words wanted.

Rates: 56.1797752809 out of 100
Scores by essay e-grader: 5.0 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.