Black Business Month: What To Consider Before Starting A Business With Your Spouse - Page 6

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Will you bring equal value to the table?

You’ll have to be very honest about this one. Since you are romantic partners, you might be looking to split the profits of this 50/50. You want to be equal partners. Romantic partners can struggle to admit when one person brings substantially more value to the table than the other. For example, if you have years of experience in this industry ahead of your partner, you may know that you’ll wind up pulling most of the weight. You may even wind up feeling more like a mentor to your partner than a business partner, which can build resentment if he’s taking half of the profits. If you recognize this could be the case, you must decide if you’re comfortable bringing this up to your partner.

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