Join Trade Organizations
Posted by hawot on June 11, 2008
Agree on How to Disagree
Many entrepreneurs start off with more than an idea; they have a partner or two. At the urging of our accountant, we drafted a simple agreement about when to call a halt if things didn’t work out and how to divide the assets or the debts. When my partner’s job responsibilities grew and she had to bow out after three years, the split was amicable.
Homegrown Business
The magazine has grown slowly; it only moved off my dining room table and into an office after three years. Another lesson learned: If you work at home, your business needs its own room. Otherwise, your life and your business will spill over into each other. For most of the time it’s been a labor of love — or a headache that won’t go away — depending on the day. But this year I will finally be able to take out a nice salary and even consider starting a second publication.