Partnerships in Business–Planning the Exit when you form the Company
Last week, I spent 30 minutes talking with someone about how to dissolve a partnership. Things were great in the beginning, but now…..not so much.
When partnering up with someone, knowing how your going to split is just as important as knowing how you are going to partner up. An article in today’s Daily Report addresses the issue of partnerships dissolving among lawyers but much of it is applicable to any business. Prior planning before business formation can prevent big problems down the road.