Founders have a laundry list of important decisions to make about their new business. Not to be overlooked is division of startup equity. How founders decide to divide the equity at the beginning of the startup will have long term consequences for the success of the venture. Often, founders lack an objective method to distribute […]
An Objective Approach to Dividing Startup Equity Read More »
We enjoy working for business owners, but we also like to take time to coach, advocate, and advise entrepreneurs and the entrepreneurial-minded in the Central Florida community. Educating and supporting entrepreneurs at all stages of their professional journeys is important to us and is vital to maintaining the economic vitality of the region and of
In 1789, Benjamin Franklin famously wrote in a letter to his friend that “in this world nothing can be said to be certain, expect death and taxes.” This adage is profound, but I would politely disagree with Mr. Franklin. I believe there is a third certainty: You will leave your business one day. Now, you
Is Your Buy-Sell Agreement Fatally Flawed? Read More »
You may have heard a business owner or two tell you that partnerships don’t work. They typically follow this ”advice” with a cautionary anecdote about what a former partner did or did not do and how it ruined a relationship. Whatever the specifics, I’ve found that these stories often share two fundamental features that lead
The Two Partnership Killers And How To Avoid Them Read More »
