- It is legal to hire family members, but you should be aware of the special tax requirements for this situation.
- The benefits of working with family include more trust and a sense of dedication to a shared goal, while the downsides are potential damage to the relationship and abuse of power.
- To successfully work with family, you must establish clear expectations and boundaries right from the start.
- This article is for small business owners considering hiring and working with their own family members.
Working with your family members can be a wonderful way to grow closer and benefit your business – or it can be a frustrating and problematic situation. If you’re considering hiring family members, know that it will take a lot of preparation, dedication and communication to make it work. Before deciding whether to hire a family member, you should