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View Full Version : Does your wife run your business???


FastMan
06-19-2010, 02:27 PM
I've noticed a number of times in posts here guys saying they have to get clearance from their wife to purchase a new piece of equipment for their business. Is that the norm around here? For those who do need to get the OK, is your wife really qualified to make such judgements about things that affect the health, productivity, profitability and direction of the business?

If a wife is intimately involved in the business, and is viewing the purchase decision from a pure business standpoint, then I can see her input representing a valuable resource. If that's not the case, I see the potential for problems. If she's viewing the purchase as an entity outside the business, and a rival to other places family funds could be directed, could be she doesn't have a firm grasp of the concept that the business is the source of the family funds she's concerned about. In that instance her input may not contribute to reaching an astute business decision.

So how do you guys handle this delicate situation? Kid gloves? Iron hand? Limp wrist?

JB1
06-19-2010, 02:30 PM
nothing delicate here, I buy what I need whenever.

MarcSmith
06-19-2010, 02:54 PM
It's not that she runs the business. Its that she is intimately involved with your life. and your life directly affects her life. IE if your business fails, then it affects her, and if you spend too much money on purchases it could affect her life.

Generally I see this as an issue when someone has not split the business account from the personal account. But when you re small you have to watch your pennies and having a second eye on the money is not a BAD thing. Remember you are looking the numbers one way IE and she may look at them a different way.

Mike Blevins
06-19-2010, 03:00 PM
I see it a bit differently. My wife helps me with my decisions on whatever we buy. I say we because once you say I do its not me,me,me. As far as a "business" decision on a purchase,its still spending money and its still money you have to pay back or take out of "your" account to pay for the item. Another thing to look at is more than 55% of marriages these days fail within the first 10 years. MONEY issues being one of the biggest reasons why. If I want a new piece of equipment my wife knows that I will not just go out and buy it without studying on it first. I probably run my business alot different than the next guy but my main goals are to make money,pay bills,and do things with my family. I don't let it consume me or my time like it used too. Which is another thing that will lead you down the road to divorce.If you aint milking the cow someone will milk it fo you! So to answer your question I sure do let my wife have here say when it comes to any purchases. Because she has the say on what we do when we are alone and the kids are at school! :)

thewall
06-19-2010, 03:05 PM
My wife looks after all the monies coming into the house,if i want new equipment i tell her what i want and generally i get the tool but she makes sure i get the best from the best,this has worked for 15 years if it ain't broke don't fix it

Alan0354
06-19-2010, 03:21 PM
My wife run everything!!! :cry: :cry: :cry: :cry: :cry:

I have to lie, scheme, plea to buy another trimmer!!!! Might have to pour sand into my crappy Troybilt mower to get a commercial one.

jay317
06-19-2010, 03:44 PM
That's a no no let her cook and clean because that's one of the leading causes of divorce , MONEY!!!!!!
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ShooterK2
06-19-2010, 04:01 PM
This thread makes me glad I'm not married........ Lol! Seriously, when I do someday get with someone, it will still be my business to run. I've gotten this far without any help.....
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DJJS
06-19-2010, 04:03 PM
I dont understand why some guys let their wives intimidate them out of equipment purchases. I'm not married yet but I'm engaged, we live together joint checking account all that, my fiance's pretty involved in the business but she doesnt bother me about spending money on equipment or anything like that. I'll talk to her about buying new equipment but it's not asking permission, she knows I know what I'm doing. I don't control how she does her job, she doesn't control how I do mine.

trippy
06-19-2010, 04:27 PM
my wife just noticed that i had purchased a new grandstand this season as its red like my old wb,,,commented that it should make my life easier,,,bless her, she never asked how much i spent for it...and thats after i purchased a used truckmount and van as i clean carpets,course the van and truckmount that i bought also made my life easier also,,,helped the guy i bought it from paid $ 31,000 for it new and i scooped it up for $7650.00,,kawi 22 hp motor-like all my toros

Hell on Blades
06-19-2010, 06:25 PM
I wish I could get my wife involved with my business. If nothing else to keep the books and pay the bills. She's already said that she has no interest in actually doing the work, but possibly the behind the scenes.

If I didn't have to spend 2 hours a night catching up on paperwork, we'd be much better off either doing family stuff together or getting more done in the field.

BINKY1902
06-19-2010, 07:05 PM
My wife is the collection specialist. I can call and ask for payment if it's late and never have luck. Give my wife the phone number and I have payment either brought directly to me or in the mail in two days. Don't know how she does it. The customer never gets upset either, they just pay and say that they are sorry it's late.

LCCaptain
06-19-2010, 08:14 PM
I generally only ask if we can afford it. Meaning bills and mortage paid ect.

procut
06-19-2010, 09:46 PM
IDK, it always makes me kind of chucle. If your wife has to "approve" your new trimmer for $300 you probably don't have much of a business.

meets1
06-19-2010, 09:57 PM
My wife does all the quick books - billing - receiving - going to bank to deposit etc.

She has yet to find out that the new Skid came in today as well as the new exmark lazer sitting at the shop as of friday evening but she will find out soon enough - when the paper work hits the desk or the bill comes in!

jimshack
06-19-2010, 10:58 PM
my wife is my bookkeeper as well. in fact she owns her own company doing bookkeeping. I dont tell her how to run her business and she doesn't tell me how to run mine. with that said, anything over $500 we do sit down and discuss the need for it and how we are going to pay for it.

CLARK LAWN
06-19-2010, 11:10 PM
i buy what i want when i want, if she dont like it, to bad. she tried to tell me one time that she didnt need something that i bought. the next day when i got up to go to work i woke her up andsaid lets go if you think you get to make decisions about what i buy then you need to be out there working all day. from that point on never had a problem,

MOturkey
06-19-2010, 11:22 PM
My wife tries to run everything! :) I usually ask her input, but ultimately, I make the decisions regarding equipment, etc. I wish she was good at bookkeeping, but she isn't, so I handle all the billing and payouts myself as well. She does help me quite a lot actually mowing, and is great at PR with the customers, so she often spends a few minutes visiting with them while I finish up trimming and blowing.

clydebusa
06-19-2010, 11:36 PM
My business would be in the toilet without my wife. She is extremely smart and supportive. And yes she does the 1 hour a day of paper work so I don't have to. I can be on this site LOL

topsites
06-20-2010, 01:18 AM
No, I can honestly say that my wife does not run my business, then again I'm not married.

Differential
06-20-2010, 01:24 AM
Every relationship is different, and it doesn't always come down to "who wears the pants." For example, some men have to beg their wives for certain things :) and some don't.

I think the most important thing is to respect your spouse. Some wives want to know about equipment costs, other don't. I agree that if you need to ask to buy a $300 trimmer, you don't have much of a business.

My wife and I have an agreement. Anyting that we want to buy that costs less than $100 doesn't require discussion. Regarding the business, my wife knows that I am very frugal and take very good care of my equipment. If I come home with a new tool, I purchased it because I needed it. Not because it's shiny, blue and says shindaiwa on the side.

If your wife is giving you crap about a $300 trimmer, take her outside at 3pm when it's 110 degrees and explain to her how difficult it is to be wrenching on undependable equipment in this heat when you're already under time constraints to get jobs done. She'll understand.

Chilehead
06-20-2010, 01:45 AM
My wife's the best as far as I'm concerned, but NO she does not run the business. She answers some phone calls and calls clients who are past due on payment. Her best asset is providing the owner with exclusive fringe benefits of the ultimate executive order. I love her.

fastpine
06-20-2010, 02:01 AM
I would be absolutely devastated with myself and my place in life/business if I had to clear an equip purchase with my wife...Thats just rediculous.

Id have to ask myself,"does she have any faith in my decision making capabilities"?..and "what the hell qualifies her to make that kind of decision"?

clydebusa
06-21-2010, 06:44 AM
I take it that everybody states they have to clear it with their spouse. I know in some cases my spouse has said you need to get a new one of those. That looks tacky or whatever. So having another opinion is great. My perspective is the more positive feedback, spouse, parent, friend, or just good customer will benefit my company.

dgw
06-21-2010, 07:25 AM
IDK, it always makes me kind of chucle. If your wife has to "approve" your new trimmer for $300 you probably don't have much of a business.

says a 14 year old

how good your business is has nothing to do with it

wait till you get married:laugh::laugh::laugh::laugh::laugh::laugh::laugh:

TheGoat
06-21-2010, 07:46 AM
My wife is my partner in everything. I respect her and I listen to her opinion because she is smart. It makes her feel good when I ask her what she thinks, and then she makes me feel good, and dinner.

bohiaa
06-21-2010, 08:57 AM
My wife wears panties, And I wear pants. <-----notice the period. she has them too

WheatBookkeeping
04-16-2011, 03:02 PM
This is only slightly off subject but it’s a good time to take advantage of a reminder. Keep your business and personal (i.e. household) finances separate and distinct. Household accounts should not be commingled with business accounts. In this sense “accounts” means any account, be it a bank account, a payable, a receivable, a revenue account; what ever. No account mingling.

This will keep you in good stead with the tax man and your spouse.