Is there any advantage to husband and wife co-managing the same business?

[Kross]

I see some couples owning and Co managing the same business. They run the business together and are always present in the business place together.

Is there any advantage to that? Do you think you can manage and run the same business with your spouse?

 

[eLdavis]

It mainly depends on the kind of partner you have, if you believe your partner is trust worthy, then having your husband or wife as a business partner does have it's advantages as well. There would be an easy flow of work.

 

[King Belieal]

I would say that the advantage with a couple managing a business together is that there is more keen observation in the running of the business. It would be more difficult for the two of them to miss an anomaly in the business they are so committed to.

 

[Fidelia]

Husband and wife can have complimentary skills that they can both deploy and it helps each othee in the effective running of the business.

 

[Springtime]

It depends on the couple's agreement. The advantage is that you can trust your partner and even better if they have complimentary skills.

 

[Augusta]

Yesh I recommend this. let the both partner know about thr business incare of anything