Family Law Prof Blog

Editor: Margaret Ryznar
Indiana University
Robert H. McKinney School of Law

Saturday, February 15, 2020

Doing Business With A Spouse

From Naomi Cahn (GW), writing for Forbes:

As Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, work to become financially independent, they have already taken some steps to develop their new commercial lives. 

 Their Sussex Royal brand, which is actually owned by their foundation, is officially registered with the United Kingdom Intellectual Property Office for a number of goods and services. There are suggestions that their next steps should be to consider a book contract, or perhaps Netflix.

However they decide to proceed, they do seem to be working together towards the financial self-sufficiency they seek. In doing so, they are joining the ranks of other spouses who jointly start businesses. 

Couples already need to handle emotional issues, and building a business or working with your partner certainly adds all kinds of complications. Not only do the partners need to be committed to one another, they must also commit themselves to their business. 

Read more here.

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I think doing business with family members is great as we all know the ability of each others and all can work efficiently and all family members will balance each other. In India it is very common that most family member contribute to single business and make profits and they are in great profits also just understanding between all family members should be good.

All is well but dont use any pirated software to do your business otherwise it can cause losses.

Posted by: ITH | Nov 24, 2021 2:31:59 AM

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