Can setting up a small business affect your marriage?

by James Hendrickson
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So, you recently got married. Are you enjoying newlywed life? It’s impossible not to considering that that special person is always around, for the better and for the worst. Getting married is like starting an adventure, in the sense that it’s exciting and you never know what can happen. You’re the happiest that you have ever been, but that doesn’t seem to be enough for you. The matter of fact is that you’re thinking about setting up a small business. You want to enjoy success in business as you do in your personal life. Setting up a business can take a toll on your family, that is if you’re not careful. In this article, we’re going to talk about the most difficult challenges and how you can overcome them.

Financing your small business

You can’t start a business without money. What you need is capital and you need it right away. The only problem is that you’re tight on money. You used most of the money made from the wedding to buy a home for you and your spouse. The point is that you don’t have a lot of money to spend. Yes, getting financing for your business is difficult. What you could do is use the cash you have left. But do you really want the business to affect your family’s financial health? Of course, you don’t. What you should better do is get a business loan. Many financial institutions offer financing for start-up companies. The great thing is that you don’t have to go through tremendous efforts to convince lenders. If you have a good credit score, the loan will be approved. Don’t borrow money from family and friends. Go to a financial institution.

No time for your loved one

Setting up a small business isn’t as easy as snapping your fingers. To make it happen, you have to invest money as well as time. How long it actually takes to start a business depend on many factors, like the nature of the business, its complexity, and where it’s located. As an entrepreneur, you will be required to sacrifice your spare time in order to keep things running. Your spouse won’t be happy with this. You just got married and you should be spending your time at home, not the office. Well, make time. No matter how important the organization is, it’s not more important than your loved one. Don’t expect your family to make sacrifices. Be the one who cedes.

Support at home

It’s  true that many people who have chosen to become their own bosses have met with disapproval from family members, and even friends. However, the only support you need is that of your spouse. You know the type of person that you married. Do you really think that they will let you down when you need help? Of course, not. Sure, your life won’t be the same, but if your significant other does care for you, hey will want you to accomplish your dream. So, take a leap of faith. You might be surprised.

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