Newspaper article The Evening Standard (London, England)

My Wife and I Have Split Up, Should I Divorce Our Company Too?

Newspaper article The Evening Standard (London, England)

My Wife and I Have Split Up, Should I Divorce Our Company Too?

Article excerpt

Byline: AskJo Jo Malone, joloves.com

Dear Jo I STARTED my successful packaging firm with my wife seven years ago and now have 30 employees. But we've decided to split. It's pretty amicable but we run the business in tandem. Do you think it's wiser for one of us to step back and sell up or attempt to continue at the risk relations could sour? THIS is a tough one. The heart says one thing, but the head says another. For someone who has worked alongside my husband for 30 years, I'm not sure how I would feel in your shoes. A small business often feels and works like a family. However, as the founder, do your best not to allow your private life to affect your professional judgment.

While it's new territory, you need to look at things from a practical point of view and ask if the success of the business would suffer with only one of you there. …

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