Business Partnership Advisor
Together, we can fix your business and partnership problems
Chris Reich, Business Luminary
What Should Be Included in Your Partnership Agreement
Here’s What You Should Include in Your Partnership Agreement
These are the key items. How you handle each item is up to you. Contact me to get ideas about your many available options.
Why Put it Off?
Contact Chris today and get the terms for your Partnership Agreement drafted. You’ll love having the peace of mind that comes when you and your partner sign the agreement.
Chris Reich [email protected] (530) 467-5690
Let’s look at how to plan for the next generation of your family to run your business. It’s never too early to make a succession plan and the earlier you start, the more options you have.
How do I get out of my partnership? And, it’s the biggest reason I am always ranting about having a Partnership Agreement. Without a Partnership Agreement, your options are very limited. You accept anything your partner is willing to give you, or you can dissolve the business.
Somebody puts up money with someone who agrees to contribute labor as their contribution to an equal Partnership. Once things are set up, and a lot of money is spent, the other Partner fails to perform, and the troubles begin. I get 2-3 calls like this every week.
Partners take advantage of partners every day and they get away with it. It is the most painful call I get. It sounds like this, “I put all the money I had into starting our business. My partner had bad credit and no money, but he promised to do all the work to get the business going.