tag:blogger.com,1999:blog-5934580578315147554.post5823087217048443389..comments2011-09-19T07:36:06.141-07:00Comments on SimpleBooks Small Biz Blog: Going it Alone or NotMelissa Bartonhttp://www.blogger.com/profile/03383450170252545071noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5934580578315147554.post-50562014782310811172009-05-28T15:06:34.341-07:002009-05-28T15:06:34.341-07:00Before my step-father passed away last month, he w...Before my step-father passed away last month, he was business partners with another man for over 25 years. When he passed suddenly, there was a thought of, "OK, what now?" because my mother was entitled to half of whatever the business was worth, or so she thought. There was nothing stipulated saying what to do with the business if something were to happen to one of the partners. The other partner didn't have to buy her out, as would normally happen. The business was dismantled and now my mother is holding half of nothing. Had there been a contract in place to say she was to be given half, she'd be a lot better off now. SO! Get a lawyer. Draw up a contract. And make stipulations for whatever could happen.Amiehttp://www.nexstitch.com/blognoreply@blogger.comtag:blogger.com,1999:blog-5934580578315147554.post-63409017708017928642009-05-28T14:50:12.788-07:002009-05-28T14:50:12.788-07:00I have a business partner and we have the greatest...I have a business partner and we have the greatest relationship. I thought all business partners were like this...turns out not so much. <br /><br />I'd like to add that luck has a large part in finding a good one, and not being friends first helps. <br /><br />Our first business meeting was our first meeting. <br /><br />We're going on a year now and I couldn't be happier.melissalionhttp://www.melissalion.comnoreply@blogger.com