Before You Shake Hands: Legal Steps to Protect Your Business Partnership

Starting a business partnership can be exciting, but without the right legal protections, you could face financial and legal risks. A well-structured partnership agreement is crucial to ensuring a smooth business relationship. Here’s what you need to know to protect your business and minimize the risk of partnership disputes.

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Two business partners discussing terms

Four Tips for Preventing Business Partnership Disputes

Maintaining a healthy business partnership is essential for the success of any business. A strong partnership can lead to increased productivity and the sharing of resources. However, partnership disputes can arise due to disagreements over management styles, financial decisions, or personal differences. These conflicts can lead to costly legal battles and...

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What is a General Partnership?

One day, Jeff and Ashley, long-time friends from college, met for lunch at a restaurant and Ashley started to talk about the chlorine problems she was having with her swimming pool. Jeff, a chemical engineer, was intrigued and started offering possible solutions. As they were talking, they started to get excited with the prospect...
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