ATP 71: Buying a Business as a Married Couple—What You Need to Know
Update: 2024-10-26
Description
Buying a business as a married couple can be one of the most rewarding experiences, but it also comes with its own unique challenges. In today's episode, we're going to talk about three of the most important things to consider before buying a business with your spouse:
- Create an operating agreement—Define roles, responsibilities, and how you’ll handle disagreements, even though you’re married.
- Use both finances and credit—Plan carefully to manage the risks of combining your financial resources.
- Maintain work-life balance—Set boundaries to protect your relationship from becoming "all business, all the time."
Theme Song "Made For" by J. Kirk
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Thanks for listening!
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