The Work/Life (Family) Balance - Mixing Family with Business
May 1, 2014
Working with family can be great, but without careful planning, it can also complicate your life and your business. If you’re thinking about starting a business with family members or already running an established family owned business, there could be any number of scenarios that can blindside you if you’re not careful.
According to Barbara Walters, President of the HR Advantage (www.thehradv.com), you can start protecting your business by considering these scenarios and then ask yourself if these situation could come up in your business now.
SCENARIO 1 Kate and Joe started a business together as partners....