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.