Many couples passionate about providing products and services that meet people’s needs are often successful in running their own business. Although they may assume different roles, their support for each other keeps the business in good condition. Those who work as a team are more likely to sustain their enterprise for the long term.
In the U.S., about one-third of all family businesses are managed by husband-and-wife teams, according to a report by the Wall Street Journal. But analysts warned that difficulties are part of this kind of business situation notably as couples need to juggle between their work and personal life and face the trials that come with operating a business. A study done by a North Dakota State University small business specialist revealed that stress is a major problem faced by “copreneurs” and this has led to the closure of their enterprise and the end of their marriage. [Read more…] about Relationship Risks Couples in Business Face