The next challenge is the challenge of having all your eggs in one basket, from a financial perspective. What happens if the business fails? If the business fails, both partners will lose their income. However if only one spouse is in the business, they will at least still have income from a spouse who is not involved in the failed venture. Even if this worse case can be avoided, there will be many times when cash-flow is tight and the family unit will be less vulnerable when there is a spouse with a consistent, separate flow of income. Diversity of investments is a wise approach. For many people their salaries represent their biggest revenue stream and therefore their choice of job is their biggest investment. Working together as spouses compounds the financial risk associated with a business venture.
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