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Small Business Partnerships

At the SBDC, we frequently find that partners run into disagreements with each other at one time or another. We strongly recommend a partnership agreement early in the relationship that spells everything out. A good partnership clearly states ownership percentages, how salaries and withdrawals will be handled, what happens when one partner wants out, an […]

Small Business Partnerships-Look Before You Leap!

If you are not sure you have the complete package when starting or expanding your business, bringing in a partner can be the difference between success and failure. They may have skills in areas that you do not or have the right connections or money or both. We have seen many partnerships work because the […]

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