Pros and Cons of Adding Your Spouse to Your Business

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Have you ever wondered if involving your significant other in your entrepreneurial journey is the right move?
Join Navi in this insightful video as he dives deep into the reasons why TO ADD and why you should NOT ADD your spouse to your business.
Explore the potential benefits and drawbacks of including your spouse in your business endeavors. By weighing these pros and cons, you can make an informed decision about whether involving your spouse in your business is the right choice for you. Tune in!
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CHAPTERS
00:00 Introduction
01:56 3 Reasons Not to Add Your Spouse
05:34 5 Reasons Why You Should Add Your Spouse
08:55 Final thoughts
MUSIC LICENSE/S:
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Disclaimer:
This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. Some of the links above are affiliate links which means that if you purchase a product or service with the provided link, I may receive a commission with no additional cost to you.
© Navi Maraj CPA PLLC. All rights reserved.
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[@NaviMarajCPA]

💰 Ready to save THOUSANDS in taxes? Enroll in my course here👇
navimarajcpa.teachable.com/p/smallbusinesstaxessale

[@jonahdelacruz-meyers1724]

Very well explained

[@yerandysilva4815]

Great video thanks

[@NaviMarajCPA]

You’re welcome!

[@arronramlogan2709]

Great information, thanks for sharing. Will share with my spouse ASAP.

[@NaviMarajCPA]

Glad it was helpful!

[@Candaces8484]

Sharing this with my hubby asap!

[@NaviMarajCPA]

Awesome! Thank you!

[@realrajiv]

Solo 401k. Huge reason for me.

[@NaviMarajCPA]

Probably the best reason IMO 👍🏼

[@yerandysilva4815]

Hello. My wife and I are nurses and I wanted to know what would be the best business structure for us, right now our income is 1099. We are both going to be actively working in the business possibly generating 50 percent of income each in the business . In this case it would be better to have 50/50 owners, or she could be my employee, or everyone should have their own company and tax it as an S corp. Thanks in advance.