CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Spend time apart: Hacienda D'Mexico

Working staggered schedules keeps this couple happy with each other and their retail store.

Subscribe to Top Stories
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

Anamaria Schelling and Carol Peabody knew from the beginning that they were meant for each other. Since they met in 1987, they've weathered frugal times (Schelling taught elementary school; Peabody did nonprofit work), and they've become part of each other's extended family, winning over relatives who had disapproved of their relationship. But they had no idea how tough things could get until, in 1998, they launched their Tucson-based furniture shop, Hacienda D'Mexico.

They paid what they felt were exorbitant startup costs ("The sign up front alone cost $9,000!" exclaims Schelling), saved like crazy, and worked together nonstop, seven days a week

That's where the biggest challenge emerged.

"Carol's style is very different from mine," says Schelling, 51. "She's very accommodating and will run all over the store to show customers around."

One customer asked to see different shades on a lamp, and Peabody, 59, tried a slew of pairings until she found one that worked. And that, for some reason, irked Schelling.

"I'm hands-off and prefer to let people roam around on their own," she says. "I had to keep telling myself, 'Just let her do it.'"

It wasn't until four years later that they found the perfect solution: They now divide the workweek. Peabody takes Fridays off. Schelling takes Thursdays off, and they alternate mornings and afternoons - so both can be as hands-on (or hands-off) as they like.

The store has profited despite their differences. "When a customer came in the first week we opened and bought $30,000 worth of inventory, we knew we were going to make it," says Schelling.

Revenues reached $553,000 in 2007. They're successful, they say, mainly because they avoid power struggles - the culprit behind many partnership breakups among unrelated co-owners as well as couples.

When it comes to painting the furniture and tweaking the pieces so that they fit the store's mix, Peabody supports Schelling "all the way." And Schelling does the same for Peabody when it comes to the store's inventory and layout. More important, they're vocal about it.

"Anamaria gives me free rein as to where the new furniture should go, and she often tells me how lovely the store looks," Peabody says. "And I like that."

The store reflects both of them. Betty Peterson, a customer, appreciates that synergy.

"Carol has a great eye for choosing the best pieces; Anamaria is a talented artist," Peterson says. "They make a great team."

And as a team, Schelling and Peabody have managed to avoid giving their clients mixed messages.

"Our policy is, whatever the customer says, we do," explains Schelling. "Whatever makes him or her happy, Carol and I will agree on it because that's more important than anything else." - Phaedra Hise, with additional reporting by Ingrid Tharasook.

Photo Galleries
Holiday gifts for the yoga nut These 7 small brands are helping fuel a booming yoga industry. More
Best of the L.A. Auto Show Fuel economy is the name of the game in Southern California. More
Are things really getting better? Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse. More
Sponsors
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.