Be Careful About Changing Equity Positions in Your LLC
Majority rules in an LLC unless your Partnership Agreement says otherwise. That means any changes in ownership affect voting power.
4 Things To Do if There is Tension in Your Business Partnership
If there is tension in your business partnership, do these 4 things before the tension turns into a fight.
8 Things a Good Business Partnership Mediator Can Do for You
In Partnerships, the problems that come up are as varied as individuals. Though mediators see many of the same themes, each situation is unique and requires skillful listening.
How to Fix Problems with Your Business Partnership
When it comes to problems in a partnership, you want to start by talking with an independent party with the experience to help you. You don’t start with lawyers.
One Partner Wants to Dissolve Our LLC
The answer is YES under certain circumstances. If there are two equal partners in the LLC and one of them wants out, dissolving the LLC is an option.
How to Split a Business When There Is No Partnership Agreement
Two people show up in court fighting over the proceeds from the recent cash sale of their small business. Let’s call them Bob and Alice. There is no Partnership Agreement.