HIGH PRICE OF MOM’S HELP IS DRAG ON BUSINESS
DEAR ABBY:
Twenty years ago, my sister and bought a business from our mother. We all love respect one another and get along well. We will finished paying off the business in two years.
Our problem: Mom, is now 77, still draws a salary from us and beyond the payment for the business. Her workload has lessened greatly, it should. She could do all of her work in one and lessen the burden of her salary. However, she she’d “go crazy” if she retired. We don’t want that. She could still come as often as she wants and do her personal paperwork, banking, letter-writing, reading, etc. These are things she does at “work” — on the clock.
If try to discuss this, Mom gets hurt and says, “Just let know when I’m not worth the money.”
We don’t want to do that. We would hope she would the fairness of this and suggest it herself.
Business expenses are going the roof, and there are updates we should make, we can’t do it as long as we are paying at the level we are, on top of the money for buy-out.
DAUGHTERS DEAREST