Families to own and run their own businesses


WRITING TASK 2

You should spend about 40 minutes on this task.

Present a written argument or case to an educated reader with no specialist knowledge.

Write about the following topic:

In many countries, it is common for families to own and run their own businesses. Some people think this is the best way to run a business, while others consider this a potential source of problems.

Discuss both these views and give your own opinion.

Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Write at least 250 words.


Sample Answer:

In many countries around the world, it is a common practice for families to own and operate their own businesses. This can be seen as advantageous by some, as it allows for a sense of tradition and continuity within the family. However, there are also those who believe that family-run businesses can lead to potential conflicts and issues.

On one hand, there are several benefits to running a family business. For one, there is a strong sense of trust and loyalty within the family, which can be beneficial in ensuring the success and longevity of the business. Family members are often willing to go the extra mile and make sacrifices for the sake of the business, as they have a personal stake in its success. Additionally, family-run businesses often have a strong sense of tradition and values, which can be appealing to customers and employees alike.

On the other hand, there are potential downsides to running a family business. One of the main concerns is the potential for conflicts and power struggles within the family. Disagreements over business decisions or the direction of the company can lead to strained relationships and even legal battles. Additionally, there may be a lack of professional expertise within the family, leading to potential shortcomings in the management and operation of the business.

In my opinion, while there are certainly benefits to running a family business, there are also potential risks that need to be carefully considered. It is important for family members to establish clear roles and responsibilities within the business, and to communicate openly and honestly with each other. Seeking outside advice and expertise can also be beneficial in addressing any shortcomings in the family’s skill set. Ultimately, the success of a family-run business depends on the ability of the family members to work together effectively and make sound business decisions.


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