Quote:
Originally Posted by fastfredracing
Take this advice and set up an operating agreement with your partnership. Outline exit strategies, who controls the money, etc.
Don't do what I did. Trust me in that friendships are not strong enough to weather business partnerships.
I love my partner like a brother, and we have still managed to stay good friends, but I would never partner with him, or anybody again on anything. We have different ideas of how to operate .
When it comes time to make big changes/decisions, the waters start getting mucky .
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Thanks for the advice. Our business is a little over 5 months in and its about time to iron out the details.
Quote:
Originally Posted by Zeke
That's harsh. And if reading into a post will get you that much insight, I'd say you are ignorant.
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It's all good, I've been roasted plenty on this forum already. I can hang.
Quote:
Originally Posted by sugarwood
The correct advice is often harsh.
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True. Even though the 'correct' advice will often vary from person to person.