by Chris | Mar 24, 2019 | Business Tip, General Business, Partnership Advice, Partnership Problems, Startup Advice
The 2 reasons creating a Partnership Agreement should be your first step when forming a business partnership. First, the protection a Partnership Agreement affords makes skipping this step rather dumb. Second, the process of working out the terms of your Partnership Agreement will reveal potential problems and help you work them out before they happen in the real world.
by Chris | Mar 18, 2019 | Business Tip, Buyout Advice, Partnership Advice, Partnership Problems, Problem with Business Partner
If you are in a business partnership, call your bank and find out if you have a joint account. If you are “on” the account but it’s not a joint account, change it.
by Chris | Mar 15, 2019 | Business Disputes, Business Tip, General Discussion, Partnership Problems
Many people who call me find themselves in the frustrating position of not having any “power” in their failing partnership. There are two options.
by Chris | Feb 7, 2019 | Business Tip, General Business, General Discussion, Partnership Advice, Partnership Disputes
You find out your partner used the debit card to take cash from the business without talking to you. It’s your firm position that the partners should not take any money out of the business until the business is profitable. Your partner disagrees.
by Chris | Jan 27, 2019 | Business Disputes, Business Tip, General Business, Partnership Advice, Partnership Disputes, Toot my Horn
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.
by Chris | Jan 19, 2019 | Business, Business Disputes, Business Tip, General Business, Partnership Advice, Partnership Disputes
If you do not have a Partnership Agreement with Buy/Sell provisions, you are missing something that could protect you in the future. Don’t wait another day. Call me and get this done.
