Posts Tagged ‘Family Business’
Hiring Family Members – What You Need to Know!
Many business owners hire their children, their spouse, or other family members to work in their business. Sometimes this works out well. Other times it causes problems. Here are some the key pros and cons of putting family members on your payroll. Hiring your children Hiring your kids for a part-time job usually has more…
Read MoreCreating Financial Goals as a Couple
Financial goals make it possible for you and your partner to achieve the things you dream about. Here are several action items you can do to create – and achieve – financial goals as a couple: Start talking sooner rather than later. Finances can be hard to talk about. People sometimes feel guilty about debt or…
Read MoreHow to Raise a Financially Savvy Child
If you have children (or grandchildren) you have an opportunity to give them a jump-start on their journey to becoming financially responsible adults. While teaching your child about money and finances is easier when you start early, it’s never too late to impart your wisdom. Here are some age-relevant suggestions to help develop a financially…
Read MoreSix Ideas to Help Your Small Business Survive AND Thrive
If you are like millions of taxpayers trying to make a living running a small business, you know it is tough out there. Here are six ideas to help your business survive and thrive. Understand your cash flow. One of the biggest causes of business failure is lack of positive cash flow. At the end…
Read MoreTips For When Your Employees Are Family Members
Working with family can be a pleasure. It can also be a pain, especially if you have to terminate a family member’s employment. Here are tips to help you ease the strain of mixing your family and employee relationships: Hire for the right reasons. Make your hiring and firing decisions based on the skill sets…
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