If the biz is strrugling option 1) owner of biz takes 2nd pt job option 2) so covers for the owner.
The first couple of years of any biz are tough. The current biz we have owned for 15 years and started as just a hobby for Mrs Backwoods. About 10 years ago it started getting very serious. Then we put several small players out of business and took their clients. Now we have plenty of money but no spare time to go on trips or do fun stuff. We are now looking to add 1 more employee before year end.
Does anyone have suggestions on combining finances and splitting bills for couples who are planning one moving together (one partner has a business that is struggling)
I would say that it depends on the business and what liability there is financially if the business fails. There is nothing wrong with keeping finances seperate, my wife and I do this today but still make sure that neither of us are in any sort of financial trouble. In my opinion it lowers the risk, why take the chance of ruining both finances, if you can keep one presons credit and finances pristine then it will help protect against never being able to buy a car, get a mortgage, etc....
I would keep them seperate. You can help each other money wise if you want but don't combine them.
I have seen one person drag another down because of a failing business