Business Partners & Marital Partners, Will the Marriage Survive? Part 1

Written by Chuck & Sue DeFiore


Continued from page 1

Delineate responsibilities according to likes and dislikes and who will dorepparttar best job. We all have our little niches, and if it is something we like and do well, we can accomplish it better and more efficiently. Oncerepparttar 117644 responsibilities have been delineated, make up a schedule for each item you both need to deal with. Again, you must be able to act as each others back up.

Marketing is a major obstacle. Most individuals do not like to use cold calling as a medium to promote their business. Be sure both of you are involved. Do not let one person handle this. In addition, develop a marketing strategy. Will you market daily, weekly, monthly? What kind of marketing will you do-advertising, cold calls, direct mail, etc. Again, be sure you both are involved. This is important because money and marketing are tied together. The more you market,repparttar 117645 more awarerepparttar 117646 marketplace will be ofrepparttar 117647 services you offer. If only one individual is marketing and monies are fluctuating, there is more tension betweenrepparttar 117648 partners to makerepparttar 117649 business successful. No one individual should have to carry this on their shoulders, or perceive that they do. In addition, with both spouses marketing, one person cannot blamerepparttar 117650 other forrepparttar 117651 success or failure ofrepparttar 117652 business.

The Most Important Tool

Remember,repparttar 117653 most important tool you both have is communication. Don't expect your spouse to read your mind. Keeprepparttar 117654 marriage and business separate. It's difficult, especially if you are home-based, but it can be done. If you have a problem withrepparttar 117655 way your spouse is accomplishing a task inrepparttar 117656 business environment, discuss it immediately. Do not wait. Do not let this build into anger that is transferred to your personal relationship. Remember that keeping your business and personal relationships separate is very important torepparttar 117657 survival of both your business and your marriage.

In Part II of this article we will discuss how to implement this strategy.

Copyright 2000, DeFiore Enterprises.

Interested in having your own successful, home based creative real estate investing business? Or, would you like to add $20,000, $30,000 or more to your yearly income. To see how, visit http://www.homebusinesssolutions.com


Business Partners & Marital Partners Will The Marriage Survive - Part II

Written by Chuck & Sue DeFiore


Continued from page 1

3. Write up a business plan. Be surerepparttar business is something that interests you. You might want to start on a part-time basis, and grow from there. Researchrepparttar 117643 business carefully, make sure there is a market, andrepparttar 117644 competition is not overwhelming.

4. Be sure you have at least six months living expenses set aside. This will give yourepparttar 117645 time to work throughrepparttar 117646 marketing strategy outlined in your business plan, and avoid bad marketing practices. In addition, if changes need to be made, you can do so, without monetary concerns becoming an issue.

5. Be sure your office space is located in a separate room or area of your home that offersrepparttar 117647 least distractions. A separate office is best, especially if you are meeting with clients. Remember to always present a professional appearance.

6. When will you do your regular household chores? Make up a schedule of when you will deal with them. Some individuals find getting chores done beforerepparttar 117648 start ofrepparttar 117649 work day is best. Atrepparttar 117650 end ofrepparttar 117651 day, close your office door and then deal withrepparttar 117652 remaining household items that need to be handled. Time management will be a very important factor in running a home-based business.

7. For husband and wife teams, it becomes imperative to have some form of disability insurance for each other. Remember, even though your partner may be your husband or wife, he or she is still your business partner. An accident or illness to one of you can severely impactrepparttar 117653 operation ofrepparttar 117654 business.

A business is only as good as you and your partner make it. It takes a lot of dedication, time and energy to run a business, whether it is home-based or not. It can be a very rewarding experience. Think carefully, and ask yourself a lot of self-searching questions before you begin.

Copyright 2000, DeFiore Enterprises.

Interested in having your own successful, home based creative real estate investing business? Or, would you like to add $20,000, $30,000 or more to your yearly income. To see how, visit http://www.homebusinesssolutions.com


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