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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

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 1lyM
It is asserted by certain section of society that running a business within the family is the optimum method. I opine that a family run business is advantagenous but its disadvantages cannot be overlooked. To commence with, there are numerous factors to go for a business within the family. Primarily, there is no chaos in a family business because of better understanding among family members. Hence, rather wasting time to settle disputes a business unit can focus on productive activities. Moreover, a business within family helps in maintaining secrets as no outsider is involved. Thus, a privacy in all decisions is maintained which gives better result in future. However, there is no entry of fresh blood in a family run business because it is retained for family members only. Therefore, a barrier is being created in the path of innovations. Furthermore, the capital investment, in a business run by family members is always limited to the family's assets since there is no other member in the business. Hence, a hurdle is created in the growth and expansion of the business. To epitomize, according to the research conducted by Economic Times, there is always about 5% loss in Gross Domestic Product GDP of India due to joint family businessesIn conclusion, although a family run business restricts innovative ideas and additional investments, I reckon that the secrecy and the mutual understanding among members can help a business to groom.
It
is asserted
by certain section of society that running a
You use this word too often, consider replacing it with
business
within the
You use this word too often, consider replacing it with
family
is the optimum method. I opine that a
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
run
You use this word too often, consider replacing it with
business
is
Possible spelling mistake found.
advantagenous
This phrase/word is too simple and can be replaced with:
but
its disadvantages cannot
be overlooked
. To commence with, there are numerous factors to go for a
You use this word too often, consider replacing it with
business
within the
You use this word too often, consider replacing it with
family
.
Primarily
, there is no chaos in a
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
business
This phrase/word is too simple and can be replaced with:
because
of better understanding among
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
members
.
Hence
,
rather
wasting time to settle disputes a
You use this word too often, consider replacing it with
business
unit can focus on productive activities.
Moreover
, a
You use this word too often, consider replacing it with
business
within
You use this word too often, consider replacing it with
family
This phrase/word (depending on the context) can be potentially replaced with :
helps
in maintaining secrets as no outsider
is involved
.
Thus
, a privacy in all decisions
is maintained
which gives better result
Did you mean: "in the future"?
in future
.
However
, there is no entry of fresh blood in a
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
run
You use this word too often, consider replacing it with
business
This phrase/word is too simple and can be replaced with:
because
it
is retained
for
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
members
This phrase/word (depending on the context) can be potentially replaced with :
only
.
Therefore
, a barrier is
being created
in the path of innovations.
Furthermore
, the capital investment, in a
You use this word too often, consider replacing it with
business
You use this word too often, consider replacing it with
run
by
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
members
is always limited to the family's assets since there is no other
You use this word too often, consider replacing it with
member
in the
You use this word too often, consider replacing it with
business
.
Hence
, a hurdle
is created
in the growth and expansion of the
You use this word too often, consider replacing it with
business
. To epitomize, according to the research conducted by Economic Times, there is always about 5% loss in Gross Domestic Product GDP of India due to joint
You use this word too often, consider replacing it with
family
Possible spelling mistake found.
businessesIn
conclusion, although a
You use this word too often, consider replacing it with
family
You use this word too often, consider replacing it with
run
You use this word too often, consider replacing it with
business
restricts innovative
This phrase/word (depending on the context) can be potentially replaced with :
ideas
and additional investments, I reckon that the secrecy and the mutual understanding among
You use this word too often, consider replacing it with
members
can
This phrase/word (depending on the context) can be potentially replaced with :
help
a
You use this word too often, consider replacing it with
business
to groom.
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IELTS essay 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

Essay
  American English
1 paragraphs
237 words
This writing has been penalized,
text can't be
less than 250 words in Task 2
and less than 150 words in Task 1
5.0
Overall Band Score
Coherence and Cohesion: 5.0
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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