Home – New Forums Starting your journey Hire family member Reply To: Hire family member

#1216586
bb1
Participant
  • Total posts: 4,485
Up
0
::
david_obrien, post: 261127, member: 106889 wrote:
Is there anything I need to watch out for when hiring family members?

No idea about the legal aspect (ie. tax etc), but just as an observation of playing around here for many years, and from other business enterprises I have seen. The biggest downfall and problem area is when people start including their partners, kids, friends, pet dogs, wifes, husbands in the mix. Not saying always but a large percentage seem to end badly.

Research the tax, legal aspects. But more importantly can you work with this person for 8 hours, then spend the next 16 hours with them as well. And remember all those decisions you have made on your own previously will now need to be approved by another person, are you able to work in that scenario.