by Chris Reich | Mar 1, 2021 | Partnership Questions
Do You Really Need a Partnership Agreement? Today’s Question “We are a very small business. Do we still need a Partnership Agreement?” Chris Reich provides business partnership advice. YES! Here’s Why You Do Even the best of friendships break...
by Chris Reich | Feb 15, 2021 | Partnership Questions
Does Partner Compensation Always Have to Be Equal? Today’s Question “I do a lot more work than my Business Partner but we both take the same amount in salary. That’s not fair but my partner says our pay has to be the same because we are 50/50...
by Chris Reich | Jan 13, 2021 | Partnership Questions
Help Dissolving an LLC Is Here Today’s Question “My Partner wants to dissolve our LLC. I want to continue the business. Can we dissolve the LLC and then I just start a new one? Easy?” Chris Reich provides business partnership advice. Dissolving an...
by Chris Reich | Dec 27, 2020 | Partnership Questions
The Value of Your Labor: Sweat Equity Today’s Question “My partner put up $10,000 and I worked for a year getting the business going. I always thought we were equal partners. My partner says sweat equity isn’t worth the same as real money. Is that...