Thursday, December 31, 2009

Should a husband and wife start a business together?

i want to start a business and my wife wants to start a business and im thinking about starting one with her my question is how do i go about asking her, and also (for anyone that knows) is it hard working with your wife?Should a husband and wife start a business together?
I don't recommend it. For one thing, and not even very high on my list, if the business fails, neither of you has an income. That is disasterous.Should a husband and wife start a business together?
No two situations are identical. Sometimes husband and wife can work together and it's fine, other times it adds stress to the relationship and makes everything about work. More importantly in my opinion is the fact that you don't know how to go about asking her. If you can't communicate in such a basic fashion with the person you're sharing your life with, you have a bigger issue than whether or not to work together. Talk to her. Communicate. That's how adults get things done.
You need advice on how to talk to your wife about starting a business?





um... how about you just ask her ';Honey, do you want to start a business together?';





working with your spouse?





hmm... I could imagine it would get very intense if you get on each others nerves alot after long hours together. But if you enjoy being together all the time, then perhaps it won't be so bad.





Just be prepared for your work to come home with you. If you do start a business, make an agreement first that work stays at work and at home you always revert back to being husband and wife without speaking of work. that could be hard to do.
The first question our lawyer asked when we decided to go into business together was ';how strong is your marriage'; Business can strain any relationship, as you are together 24/7. For us, we have an equitable split of responsibilities, I am good at mine, he at his. While we have some disagreements, we've always been able to discuss these rationally, and come to some compromise. He would be the first to admit that if he was on his own, his business would have already failed with me to help. We've been working side by side for 20 years. We have a strong partnership, both at work and in life. :)
Starting a business, as you know, requires a lot of work and long hours. Usually there are sacrifices of time and money to get the business off to a good start.


People start businesses as husband and wife, but both have to be prepared to be with each other 24/7 with little time apart. That can kind of be hard because everyone needs a break now and then.
i think the only business you should have with your spouse, is the marriage, so to speak.





that is being with someone 24/7..wow, i don't know anyone i want to see that much.





and what happens if the marriage goes under, the business part of the deal would make the situation a bigger nightmare than usual.





i think if it's the kind of business, where you do work or she does work and the other does the books, and phones etc. that works quite well.


you still have some space.





good luck
You ASK her. Working with your wife, it all depends on how good of a relationship you have to start with. The big question is: Who will be the boss?
So sit down together and discuss it and see what you two can agree on..plenty of couples have businesses together..

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