Letting your Child Be a Home Business “Intern”

One of the great perks about having a home business is that we can involve family members if we want to. For our children, this can be incredibly positive (or not so fun too) as they learn work skills and get to be close to us during the day while we are working. As our children get older, however, we may need to put a little more structure around their involvement with the home business and perhaps thinking of them as an “intern” can help shape their experience. Working in the “family business” can be a very positive experience for … Continue reading

Thinking About a Legacy

Do you consider your home business to be a short-term solution, the culmination of a personal goal, or are you hoping that it will grow into something bigger? Do you think of your home-based business like a family business that you would like to turn into a lasting concern for the family income? I don’t think there is anything wrong with thinking beyond today and considering what sort of legacy you would like to create with your home business. Most of us get up in planning for next year with our business or try to make sure that we make … Continue reading

Should You Have Your Children Work in Your Home Business?

Part of our American history involves the ideal mythology of the family-owned-and-operated business–the entire family, pulling together to build a business and support the family, children growing up learning the value of work and involvement. But, in this day and age, should we have our children work with us in our home businesses? The pros of having our kids work in our home businesses is that they do learn some of what the work world is about, as well as the value and realities of running a small business. They can also feel involved and participate in something that has … Continue reading