Some people prefer to work for themselves or own a business, others prefer to work for an employer. Would you rather be self-employed, work for someone else, or own a business

some people think that the best way to run a business is within the family. What are tge advantages and disadvantages of a family run business?
There is an ongoing debate concerning family-run businesses and whether they pose benefits or drawbacks within a family. In
this
essay, we shall discuss
this
matter and come up with a conclusion. Well, for starters, let us look at the advantages of having a family-run
business
. The
first
pro to be mentioned is that it offers flexibility, with everyone knowing their respective roles, which helps the
business
to run smoothly.
In addition
, as it is a family-run company, the
business
can be operated at the convenience of the staff.
Secondly
, most family businesses are passed on in the family, which means that they are always financially sound, and no cost has to be invested in employee fees.
For example
, when I was growing up in Dubai, we used to buy vegetables from a particular group of grocers, and when we
last
visited them in 2017, these individuals were about to retire and they were teaching their sons and nephews how to run the store.
On the other hand
, these organisations do have their own set of drawbacks. One of which would be, a lack of family interest, because whilst the parents invest their time in the shops, the children will be studying, and the
further
they study, they will realise there are more options for them outside than just working in a shop.
Therefore
, if a clear structure is built, and there is proper succession planning, members will commit more to the idea of passing on the shop.
Lastly
, like in every family, there is always a chance of family disputes, and with an own
business
, the possibilities of
this
are greater. In conclusion,
although
family-run businesses are very popular with many of the older generations,
this
idea tends to face stiff opposition from the younger generation, as they feel that there are more options available to them now.