View Single Post
  #7 (permalink)  
Old 11-19-2007, 07:22 AM
salisbury salisbury is offline
Senior Vice President
 
Join Date: Oct 2006
Posts: 148
Re: Fair and reasonable ownership

Quote:
Originally Posted by smallbizcoach View Post
DON'T DO IT!

Partnerships NEVER work out. It is rare.

The best thing that you can do is maybe bring on that other person as hired help, but maintain 100% ownership in your company. Partnerships have a tendency in ruining relationships, marriages, families, friendships, etc.

I would totally advise against any sort of partnership.


Aaron
I agree it is rare but it can work out. The most important thing you can do is put everything down in writing especially what happens if the company disolves
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote