Manager – Entrepreneurs considering entering into small businesses or making major changes to an existing business should consider how their family lives will be affected, and whether they are prepared to deal with these effects. Small entrepreneurial businesses usually involve families, either directly or indirectly. Family members commonly work together in such businesses. Alternatively, some family members may work in the business while others work elsewhere to make money to support the business or to support the family while the business develops toward profitability. Small businesses, especially those that are new or changing, require lots of time and attention. So, people involved in such businesses may not have as much time for traditional family activities as do their non-entrepreneurial neighbors.
can be a useful tool to get family concerns about the implications of starting or making major changes in a small business "on the table" for discussion before business decisions that affect the family are made. To use this worksheet, each family member should fill out a separate copy indicating their personal feelings. Then, results are to be summarized and discussed. Remember, there are no wrong answers and every family member's input is important.