Having a Partner

May 7, 2019

Healthy Conversations to Have with Your Business Partner

No, we haven’t taken a hard left and turned this into a relationship blog.  Well, at least not that kind of relationship….

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March 2, 2017

Sole Owners and Succession

Are you the sole owner of your company?  If so, do you have a succession plan in place for your business?  You…

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January 18, 2017

Business Partnership Divorce

Though you started out as best friends, spouses, siblings, or college roommates, you and your business partner(s) now have each other’s headshot…

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October 19, 2015

Changing Ownership Interest in Your Company

Boy, has this issue come up a lot lately.  I know you’re tired of hearing me say it, but this, like many…

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February 7, 2013

Going into Business with a Friend?

“Oh, we don’t really need a partnership agreement; we’re great friends.” “We’ve been best friends since childhood, so we know how to…

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January 22, 2013

Who Owns a Group Project?

A few weeks back I was a coach for Startup Weekend.  Basically it works like this: a bunch of entrepreneurs get together…

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October 15, 2012

Buy/Sell Agreements: A Business Valuation Perspective

Guest Blogger: Donald Parker Gryphon Valuation Consultants, Inc. www.BizVals.com 702-870-VALU (8258) Buy/Sell Agreements provide a blueprint for the transfer of business interests,…

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August 14, 2012

Small Business Horror Story #6: Not Properly Closing Your Business

Today I received a call from a potential client who was called before the Nevada Department of Taxation about $60,000 in taxes,…

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November 22, 2011

Why You REALLY Need an Operating Agreement

I’m super serious this time. Lately I’ve heard from a number of business owners whose partners have stopped contributing to the business,…

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September 5, 2011

Small Business Horror Story #2: No Operating Agreement and the “Eraser”

I recently met with one member of a two-member LLC with no operating agreement.  We’ll call my client Jane and her partner…

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June 8, 2011

Small Business Horror Story #1: Shady Partner + Generic Operating Agreement = Disaster

Whenever I sign a new monthly retainer client, I conduct what I call a “legal checkup” on the business. I review the…

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May 10, 2011

Why Owning a Business 50/50 is a BAD Idea

Who is going to break a tie when you and your business partner don’t agree on something?  Sure, in the beginning business…

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