My Father-In-Law Wants to Join The Business. What Do I Do?
Full Question:
Dear Harry,
My husband and I recently started a small mail order business together. I still work three days a week as a teacher, while we build up the income. We have already hit our first road bump, with his retired father offering to `help’. My husband cannot understand my reluctance and thinks that I am being unreasonable. His argument is that we need the help, his father isn’t asking much of a salary (less than I earn) and how can he refuse. I feel I am not being consulted and how will we manage it if his father doesn’t work out? Help!
Worried.
My husband and I recently started a small mail order business together. I still work three days a week as a teacher, while we build up the income. We have already hit our first road bump, with his retired father offering to `help’. My husband cannot understand my reluctance and thinks that I am being unreasonable. His argument is that we need the help, his father isn’t asking much of a salary (less than I earn) and how can he refuse. I feel I am not being consulted and how will we manage it if his father doesn’t work out? Help!
Worried.
Answer - Harry says
The main issues here include:
• Introduction of family employees• Mixing family and business values• Decision making in the family enterprise
You are wise to approach this situation with caution. In the start-up phase of a business, family is often seen as a form of cheap, available labour. What’s more, other family members are keen to help.
It’s important to define roles, expectations and exit strategies prior to the start of the engagement. If your father-in-law feels that he is just doing it for you, the relationship may well start off on the wrong footing.
You have also highlighted two other key family business issues, communication and decision making. By initiating a meaningful discussion with your husband now you can address these issues and establish protocols that will serve you well in the future.
• Introduction of family employees• Mixing family and business values• Decision making in the family enterprise
You are wise to approach this situation with caution. In the start-up phase of a business, family is often seen as a form of cheap, available labour. What’s more, other family members are keen to help.
It’s important to define roles, expectations and exit strategies prior to the start of the engagement. If your father-in-law feels that he is just doing it for you, the relationship may well start off on the wrong footing.
You have also highlighted two other key family business issues, communication and decision making. By initiating a meaningful discussion with your husband now you can address these issues and establish protocols that will serve you well in the future.
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