Lawyers think about worst case scenarios. It’s what we’re paid to do. But business people are optimistic and generally believe things will work out.
Tagged: partnership agreements
Having a business partner is a lot like having a romantic partner, you can feel like the luckiest person in the world and they can make you so horribly frustrated you want to scream at walls.
Unlike those glorious crock pots that let you “set it and forget it” when you’re making dinner, drafting a contract for your business and then neglecting it is a surefire way to, well, start a fire.
Apart from the name of the partnership, the partners’ names, and the place of business, here are six things that every partnership agreement should include.