operating agreement

update your partnership agreement

Your Partnership Agreement Is a Living Document

By far, one of the most common mistakes I see business partnerships make with their partnership agreements—after not having one—is taking a “Ron Popeil” approach. The worst thing you can do with your partnership agreement is “set it, and forget it.” Your partnership agreement is a living document. There are regular changes to the tax […]

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business partnership design system

How to Build a Better Partnership Agreement

Your business, your partners, and your individual requirements are unique. A personalized discussion and tailor-made partnership agreement are needed to give your partnership that best chance for success. A qualified business attorney who has the experience necessary to have a granular and structured conversation with you and your partners should draft your partnership agreement. Additionally,

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talking points for business partnerships

How Tough Conversations Lead to Stronger Business Partnerships

Someone once said to me, “Hope for the best, but plan for the worst.” I think this adage perfectly encapsulates my approach to business partnerships. At the beginning, everyone is excited about the potential and what the future holds. I will never want to crush that optimism, but my job is help business owners protect

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