Put Your Kids to Work in Your Small Biz

The heat has been brutal so far this summer in many parts of the country. Too hot for the kiddos to play outside. In my community, the swimming pools even closed. Many parents told me their children were going stir crazy — anxious to find something to do with their time.

Even under normal weather circumstance, the summer months often create challenges for small business owners. How do you balance the conflicting demands of running your business and spending time with your children. Many who are working tirelessly to build their businesses, feel guilty and conflicted over the lack of time they have to spend with their children. So let me ask: Why not let them work with you this summer? You get to spend time with them. The children get valuable experience. And there may be tax advantages as well.