Are you investing in property and not sure how to protect yourself? Should you open an LLC? What kind of insurance do you need? Are you going to manage the property yourself? What happens if a tenant wants to sue you?
There are a lot of websites and programs out there for property investors that just contain BAD information. Not having the right protections in place can cost you a lot of money and put your assets at risk.
A few years ago, we had a best selling book on Amazon.com that laid out our three part protection system for investors. We've now made that system available as a short, free report. Grab a copy of the report here.
Are you contemplating a business partnership?
Are you preoccupied with the equity split?
How much money is each partner putting in?
Who will work in the business, and how often?
What happens if you're 50/50 partners and you can't agree?
Can your partner legally drain the business bank account without your consent?
What happens if someone wants to leave the business?
Would you let your partner leave and start a competing business?
How will you know what's actually going on in the business?
Can you really trust your business partner?
Much like good fences make good neighbors, good documents make good partnerships.
Grab our FREE Partnership Blueprint to find out how to avoid a nightmarish business partnership.
Sarah E. Holmes is a Philadelphia business attorney and strategist that helps start ups and established businesses looking to expand, protect their assets and increase their profits in an approachable, down-to-earth way. When you're looking for a business lawyer near you, we offer several convenient locations.