Category: Partnership

Key Takeaways: The best way to avoid a partnership dispute is to have a detailed, well-drafted partnership agreement in place from the start - one that spells out how disagreements should be handled.

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...