Return to article: How to Decide if a Spouse Would Make a Good Business Partner
on 11/22/2005 You would have to be exceptionally skilled people buddies who are able to leave work at work, separate your private selves, and be completely committed to succeeding in business and in your relationship to be able to work successfully together.
on 11/22/2005 Working with a spouse and sharing a company 24 hours a day could be too much of a good thing. Could you stand it? What kind of business are you planning? Would you have to spend this much time together?
on 11/22/2005 If it does not work out, you lose your job, career, livelihood, and possibly your love relationship and home. You could be landed with unforseen hidden bills, unexpected expenses, even liens and liabilities on your collateral, business or home.
on 11/22/2005 Working together works best when your skills and styles aren't too similar, but complement one another's. Don't even try it if both of you are intensely competitive.
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