Timeline for How to go about firing a family member...?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
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| Mar 19, 2013 at 22:02 | comment | added | Robbie Dee | That would be a question for the OP. When I was in a similar situation, all business monies were kept separate from household accounts etc so I was bought out with company money, not our money. There are other options if she isn't willing to actively participate - she could become a silent partner. Of course, her share of the profits would be somewhat diminished if an employee had to take on her former role. | |
| Mar 19, 2013 at 21:46 | comment | added | voretaq7 | My only concern with the idea of buying her out is "Where would the money come from?" - Unless the husband/wife relationship has clear "Yours, Mine, & Ours" monetary boundaries this could be perceived as trying to buy her out with her own money. Were I in her position I would take great offense at that. An outside investor looking to buy her shares might be a more viable alternative... | |
| Mar 19, 2013 at 15:42 | comment | added | Robbie Dee | I believe I've already covered this. This is of course an aspect, but the issue needs to be resolved dispassionately. | |
| Mar 19, 2013 at 15:12 | comment | added | Leonardo Herrera | I agree, except that this is in no way just a business problem. | |
| Mar 19, 2013 at 13:50 | comment | added | user5305 | I like the alternative of buying her share out of the company, a good solution i haven't seen any other suggestions to | |
| Mar 19, 2013 at 13:17 | history | answered | Robbie Dee | CC BY-SA 3.0 |