Family is the vital element of life and folks share a strong bond, good values and support each other during tough times. Family business is a common phenomenon since olden times as the members serve each other in every aspect. Therefore, many people think that it is ideal to do a business within the family. I think there are both pros and cons of doing an occupation run within clans which will be discussed further in the essay.
First of all, family led professions has the foremost benefits for the children of the dynasty because they do not need to move out of their places in search of jobs. For instance, if a father is a car dealer then his child can pursue that work under his guidance if he wants. Moreover, there is no need of training as the members have years of experience. Thus, we can say that it is convenient to do trading within a clan run occupation. Second of all, there is a lesser need of making new clients as there are permanent clients who works with the firms and trust them. For example, it is quite easy to work in an already established firm rather than starting a new one with a complete novel strategy. Consequently, there is no doubt in saying that these types of deals are successful in many cases.
On the flip side, there are many drawbacks of joining the dynasty businesses. Firstly, there will always be a comparison among the different generations as people have their own expectations. For instance, a son may have a different way of dealing with the customers and sometimes they even dislike his approach. Furthermore, individuals have the frequent tendency to follow the same person so, they would have problems in accepting the naive approaches of the younger generations which makes clan professions difficult to pursue many a times.
In conclusion, it can be stated that executing businesses within the families is the nicest way to do a business, although there are certain disadvantages are also associated with it. Thus, one has to make the decision of his career with logical thinking and thorough analysis of the situation.
Family
is the vital element of life and folks share a strong bond,
good
values and support each other during tough times.
Family
business
is a common phenomenon since olden times as the members serve each other in every aspect.
Therefore
,
many
people
think
that it is ideal to do a
business
within the
family
. I
think
there are both pros and cons of doing an occupation run within clans which will
be discussed
further
in the essay.
First of all
,
family
led professions has the foremost benefits for the children of the dynasty
because
they do not need to
move
out of their places in search of jobs.
For instance
, if a father is a car dealer then his child can pursue that work under his guidance if he wants.
Moreover
, there is no need of training as the members have years of experience.
Thus
, we can say that it is convenient to
do trading
within a clan run occupation. Second of all, there is a lesser need of making new clients as there are permanent clients who
works
with the firms and trust them.
For example
, it is quite easy to work in an already established firm
rather
than starting a new one with a complete novel strategy.
Consequently
, there is no doubt in saying that these types of deals are successful in
many
cases.
On the flip side, there are
many
drawbacks of joining the dynasty
businesses
.
Firstly
, there will always be a comparison among the
different
generations as
people
have their
own
expectations.
For instance
, a son may have a
different
way of dealing with the customers and
sometimes
they even dislike his approach.
Furthermore
, individuals have the frequent tendency to follow the same person
so
, they would have problems in accepting the naive approaches of the younger generations which
makes
clan professions difficult to pursue
many
a times
.
In conclusion
, it can
be stated
that executing
businesses
within the
families
is the nicest way to do a
business
, although there are certain disadvantages are
also
associated with it.
Thus
, one
has to
make
the decision of his career with logical thinking and thorough analysis of the situation.