http://www.millionaireacts.com/1794/business-entity-partnerships.html Join My Journey to Financial Freedom Thu, 09 Sep 2010 13:46:42 +0000 http://wordpress.org/?v=2.6.3 http://www.millionaireacts.com/1794/business-entity-partnerships.html#comment-6146 Gabe | freebloghelp.com Wed, 28 Oct 2009 17:26:06 +0000 http://www.millionaireacts.com/?p=1794#comment-6146 First you have to define the type of exit (i.e. death/sickness or split). Then there's a buy/sell agreement that can explain the details. I usually have a lawyer or one of my business partners to create these. First you have to define the type of exit (i.e. death/sickness or split). Then there’s a buy/sell agreement that can explain the details. I usually have a lawyer or one of my business partners to create these.

]]> http://www.millionaireacts.com/1794/business-entity-partnerships.html#comment-6131 Tyrone Wed, 28 Oct 2009 01:01:48 +0000 http://www.millionaireacts.com/?p=1794#comment-6131 What are some of the common exit strategies in a business partnership? I would like to learn more about it. I assume there is a division of all proceeds just in case the business is put into sale that is pro-rated to the capital infused by each partner? What are some of the common exit strategies in a business partnership? I would like to learn more about it. I assume there is a division of all proceeds just in case the business is put into sale that is pro-rated to the capital infused by each partner?

]]> http://www.millionaireacts.com/1794/business-entity-partnerships.html#comment-6121 Gabe | freebloghelp.com Tue, 27 Oct 2009 15:48:57 +0000 http://www.millionaireacts.com/?p=1794#comment-6121 One of my companies is a partnership. If you haven't done it before, there are many unforeseeable things that could cause friction between partners. I highly recommend documenting an exit strategy, no matter how close you think you are with your partner. One of my companies is a partnership. If you haven’t done it before, there are many unforeseeable things that could cause friction between partners. I highly recommend documenting an exit strategy, no matter how close you think you are with your partner.

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