Tips for Running a Business with Your Spouse

It’s fairly common for spouses to go into business with each other. Running a business is a lot of work and can create a high-stress lifestyle. This makes it crucial that spouses who do go into business together are able to separate their business and personal lives, and constantly stay committed to success in both areas if they’re going to avoid placing a high level of strain on their relationship.

With this in mind, here are some tips for running a business with your spouse without ending up divorced.

• Communication is key: Communication is vital to the success of any relationship, but especially so if you’re in business together. It’s important that you always stay on the same page about what your business, customers and employees need.
• Leave personal issues at home: Arguments occur from time to time in marriage — that’s a natural part of human relationships. However, personal arguments never, ever have a place at work. If there are any lingering arguments from your family life, you have to be mature enough to be able to set those aside and focus on work when you’re at work, otherwise it will be easy to become distracted and for your work to suffer as a result.
• Make sure you clearly define your responsibilities: To avoid arguments and hurt feelings, it’s crucial that you clearly define and delineate your roles and responsibilities in the business. Rather than both of you having your fingers in every jar, you should give each other some space and take charge of different aspects of the business.
• Have a clear vision and goals: Your goals and vision are important in that they’re a shared plan or dream you have for the future of your business. It’s what should keep you working together to strive for. When you do get stressed out or anxious, having a clear vision can keep you on target.

To get the guidance and advice you need surrounding a divorce or separation, contact an experienced Long Island family law attorney with Bryan L. Salamone & Associates.