A Family business Essay Example | Topics and Well Written Essays - 1000 words

A Family transmission line - Essay Exampleurse, I protrude to become an entrepreneur with the outgo possible amount I can invest in a Middle Eastern style restaurant with the help of my family members. I am imbued with the push factor (Preston, frier & Watson, 2006) that is the involvement of my own people will encourage me during my hardships and with their joint effort I will be my potential business skills. Having clearly studied all the possibilities and constraints of the business, I am rather determined to sit up the restaurant named GulfGate after due consultation with experienced people from my relatives and well-wishers.A positive lieu of the restaurant is the balanced nature of pay for quality the equation to be practiced during the operation for best result of business. The choice of this stream was supported with the expectation of increased number of customers from countries like India, China, Singapore and Malaysia. Since the billet of the business is expected t o be in the suburbs of Dubai, it is easy to gather a huge number of customers in truth easily. Quality food is the major concern I emphasize for the regular update of the restaurant for which I have plans to post people at different parts of the city for distinguished purchase. A greater part of my burden to find a cook is eased with the inclusion of my cousin, who is an experienced graduate in food design and hotel management.Since this is a family unit, less implication of mistrust can be witnessed. Depending on the religious aspects, our family stands better in the society therefore, we can claim easy access with people and their support. This is a business intended to service and trade, therefore, expert opinions from elders would also support us in the long run. As Preston, fryer & Watson (2006) state, Small business has other advantages like the better knowledge about the local business surround and can sub-contract the projects of big businesses.However, I dont deny the possi bilities of disparities