Featured Articles
Husband and Wife Business
A husband and wife business can be an ideal means to go into business. For couples, it can mean running a source of livelihood while still staying close together. Husband and wife businesses do not have to deal with distance in the relationship in terms of earning a way of living that can also be a cause of separation and a failure in marriage. Such a business also ensures that earnings stay in th... [Read More]
Maitaining Your Family Business After Divorce
Although a husband-and-wife-owned-and-operated business does not remain intact after a divorce, some couple try their best to make the business work despite the separation. It is not surprising that emotions would run high when business becomes an agenda for divorcing couples. Here are some tips regarding having your business still alive.Talk about how you want the business goes after divorce - Pe... [Read More]
Starting a Business With Your Spouse
If you are planning to start a home-based business with your spouse, it combine your family and business activities all in one roof. However, it take some advanced planning, preparation, and a great deal of trust and communication to make this business work.For instance, if your partner turns into a power struggler, you can put both your business and marriage at risk. However, if neither one of yo... [Read More]
Passing Your Business to Heirs
As much as business owners do not want to think about it, there will come a time that they need to hand over their business to the next generation even if they are still in their operating prime because anything can happen before they are ready to retire. If they do not plan early enough, it might be too late to come up with some tax-saving strategies that would save your heirs from a pile of paym... [Read More]
Letting Family Members Go
What if your business consultant told you that the intending bankruptcy of the business is caused by the irresponsibility and incompetence of your son? How can you tell him that he has to leave the company without breaking his heart? It's a question between close family ties and the survival of the business: which of the two needs to be prioritized more? Any employer should always remember that fi... [Read More]
Running the Family Business
Running a family business might be different from a business run by business associates. The close ties between relations in a family business may have a different dynamic when it comes to the different aspects of running the business. Although they might face the same challenges as other businesses, a family that manages a certain business certainly has more to consider than just making money and... [Read More]