You want to bring your kids into your business—but there’s a lot to know before you do. In this follow-up to Episode 375 on working with family, Lianne Kim dives into the specific challenges and opportunities of hiring your children. From legal requirements to emotional boundaries, this episode is packed with practical advice to help you make the right decision for your family and your business.
Lianne shares her own journey preparing to hire her teenage daughter, including the questions she asked her accountant, the rules around minimum wage, and the importance of clear contracts and job descriptions. Whether your kids are eager to help or you’re simply curious about what’s possible, this episode will give you clarity and confidence
In this episode, you’ll discover:
Timestamps:
02:00 – Why Lianne is preparing to hire her daughter
05:00 – Employee vs. contractor: pros and cons
07:00 – Minimum age and wage rules you need to know
10:00 – Setting realistic hours and expectations
13:00 – Tools, supplies, and business expenses
15:00 – Training, accountability, and monthly check-ins
17:00 – Separating the roles of mom and boss
18:00 – When to let go if it’s not working
19:00 – Final thoughts: making it a win-win
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