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Spouses in Business Together

Divorce when you own a business together

2017-06-05T11:42:37+00:00 June 5th, 2017|Spouses in Business Together, Springfield Collaborative Divorce News|

Forbes Magazine recently published an article about a couple who went through a bitter divorce 25 years ago that split the family and split the family business. The wife got the company trade name and two stores. Husband got two stores and became his former wife’s fiercest competitor. They didn’t speak to each other. The [...]

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Steps to Starting a Business

2017-06-09T10:22:35+00:00 June 5th, 2017|Spouses in Business Together|

If you are thinking about starting a business, whether with a family member, partner, by yourself or with multiple friends or family, there are some important things to do and think about as you get the business up and running. Here are some of those things, and remember, speak with an attorney to get specific [...]

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Family Business Partnership Problems and Solutions

2017-01-17T10:47:33+00:00 January 17th, 2017|Spouses in Business Together, Springfield Collaborative Divorce News|

Running a business can be stressful. If your business partner is your spouse, it can get even more challenging. A husband and wife team, Dave and Kathy, ran an event planning company I worked for soon after graduating from college. I always admired them for not only running their business well, but for maintaining a [...]

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Married and Running a Business together? Here are three Essential Planning Provisions for avoiding business partner disagreements with your spouse

2017-01-17T10:44:34+00:00 December 21st, 2016|Spouses in Business Together|

Savvy business owners include plans for what happens if a partner dies or wants to leave the partnership in their business formation documents. Married couples in business together are wise to make the same plans. There are three critical terms that married couples should consider including as provisions in their business formation documents. 1) A [...]

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Planning for the Possibility of Divorce When Forming a Business with a Spouse

2016-12-05T15:19:48+00:00 November 16th, 2016|Spouses in Business Together|

It may seem unromantic to plan for the worst, but, like most unromantic things, it’s extremely practical. Forming a business with a spouse can be an incredible, invigorating experience; but it can also be stressful, fraying, and destructive to any relationship. It’s good to know all that going into it, and know that your business [...]

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