Sometimes when planning the next chapter in your life, the most important people somehow feel left out. Deciding to transition out of ownership of your business is one of the most important decisions a business owner can make, so it only makes sense to include your loved ones in that planning. How Will Your Spouse be Affected? Be sure to …
Smoothing Out Friction Between Business Owners
All business partnerships eventually come to an end when one or more partners leave the business, whether by choice or otherwise. Being prepared for the end of the partnership decreases the possibility of unwanted challenges between co-owners down the road. Common Reasons Why Partnerships End Co-owners share a unique relationship. They have built a company together, sometimes out of nothing. …