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August is Black Business Month, and an estimated 43 percent of small businesses are family-owned.
If you start a business with your spouse, that’s technically a family business. We hear family business, and we may first think of being a son or daughter working for mom and dad, but remember that it all started with mom and dad – husband and wife – starting a business together.
There are many famous duos who are partners in love and business. But it’s not for everyone.
If you have made a romantic relationship work for years, then you probably have certain skills that pertain to business, like being good communicators and good compromisers. But running a business together will turn some of those concepts on their heads, and bring out sides of you that didn’t have to be a part of your romantic relationship. For some, running a business with their partner can bring them …