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

Written by Chuck & Sue DeFiore

With today's economy, andrepparttar layoffs occurring as a result of these economic conditions, more and more people are opting to start their own business. Due torepparttar 117644 low start up costs,repparttar 117645 prevalence of home-based businesses is onrepparttar 117646 rise, many of these started by husband and wife teams.

Withrepparttar 117647 move fromrepparttar 117648 corporate world torepparttar 117649 home-based, couples are finding that a new set of problems are occurring. Inrepparttar 117650 corporate arena, two major areas of importance are profits and communication with employees. This is done through evaluations, reviews, meetings, or a company newsletter outlining company policies and news. All administrators realize that a happy and informed employee is more efficient and productive; in effect, increasing their profits.

Research on martial separation and divorce indicates two ofrepparttar 117651 main causes of separation and divorce are communication and money, very much like corporate concerns. Inrepparttar 117652 past, spouses worked in their respective jobs, and came home to discuss what was going on inrepparttar 117653 work place. In effect, they were sounding boards for one another. Withrepparttar 117654 move torepparttar 117655 home front, especially with starting up businesses together,repparttar 117656 sounding boards are gone.

In effect, placing couples in a start-up business can cause a myriad of problems, previously seen only inrepparttar 117657 corporate world, in addition torepparttar 117658 normal stumbling blocks of starting up a business. Too many couples working together are not practicing good communication skills. Lack of communication, can cause one spouse to feel that he or she is carrying allrepparttar 117659 business and monetary responsibility.

Keep Your Marriage Solid

If you and your spouse have decided to run a business together, be sure to discuss and outlinerepparttar 117660 following:

Delineate responsibility. Decide who is going to handle what business matters. In addition, be sure you both know how to accomplish these functions. Unfortunately, illness occurs - you need to be able to back up each other in all aspects ofrepparttar 117661 business. For example, if one of you does allrepparttar 117662 bank statements, be sure your spouse understands how this is accomplished, so if necessary, they can also handle this responsibility. If you have a set procedure you follow and a way you want it done, make up an outline, so it is accomplished inrepparttar 117663 manner you want.

Marketing, return calls, daily correspondence, invoicing, weekly and/or monthly expenses, supplies, calendaring, appointments, deposits, bank statements, implementation ofrepparttar 117664 business plan, attendance at meetings (e.g. Chamber mixers, National groups, User groups, etc.) all need to be taken care of. You will have to split these responsibilities between you. Again, be sure you know how each is implemented, so in an emergency, you can back each other up.

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

Written by Chuck & Sue DeFiore

Inrepparttar last article, we concluded by saying that keeping your business and personal relationships separate is very important torepparttar 117643 survival of both your business and your marriage. In this article we will talk about how to achieve this goal.

One ofrepparttar 117644 most important ways to accomplish this is to set up distinct business hours, and when they are over, don't discuss business, concentrate on your relationship. It is difficult, but make a concentrated effort at it. Confine your business discussions to business hours or set aside a specific time to discussrepparttar 117645 business.

For example, takerepparttar 117646 last half hour ofrepparttar 117647 day, and discussrepparttar 117648 business day; any suggestions you have, what was accomplished, what needs to be done tomorrow, duringrepparttar 117649 week, how arerepparttar 117650 monthly goals you set atrepparttar 117651 beginning ofrepparttar 117652 month progressing. Remember to couch any criticisms or suggestions in a positive vein. Think of how you felt inrepparttar 117653 work situation and how supervisors dealt with you when making suggestions. Negatives only cause resentment. They do inrepparttar 117654 corporate arena, and even more so, when dealing with a spouse you must live with 24 hours a day. Be sure to set aside time for each other-go for walks, out to dinner, or just for a drive with your spouse. Do not discuss business.

You should have outside activities that are not business related. If not, join a group that interests you. It will allow you to meet with others who are not connected to your business. Running a home-based business can be very lonely; getting away fromrepparttar 117655 home, and having outside interests is imperative.

In addition torepparttar 117656 problems inherent to couples running a business, starting a home-based business presents its own set of problems and questions. Before you start be sure to ask yourselfrepparttar 117657 following:

1. Are you self-motivated? Organized? Able to prioritize your work? You will no longer have a supervisor or a boss to tell you what to do. You will berepparttar 117658 decision maker. You will have to motivate yourself. One way to accomplish this is to use a To Do List and stick to it. In addition, set definitive business hours, and stick to them.

2. Will you be able to deal withrepparttar 117659 isolation? You will no longer meet people inrepparttar 117660 halls, congregate aroundrepparttar 117661 coffee pot, or take a break to talk with your co-workers. To combatrepparttar 117662 loneliness and isolation be sure to join groups that meet outsiderepparttar 117663 home, or schedule luncheons with friends and associates.

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