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Dealing with family and friends is difficult. Working together with a spouse is also more complex because you wouldn’t like to lose your relationship to your demands associated with business. But before you begin, the chances are better for both your marriage and your business to succeed if you make some decisions and put things in writing. ? ?
Before Starting Into Business With Your Better Half
Some decisions you have to make:
- Just What company type that is legal you employ?
- Will both partners be owners?
- Will both spouses take part in handling the business enterprise?
Needless to say, you will have to think about the taxation ramifications of these decisions.