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Business Partners: A Cautionary Tale

Business Partners: A Cautionary Tale

By Nina Kaufman, Esq.

In this challenging economy, I’m seeing a lot of entrepreneurs begin to re-evaluate their business  . . .  and, in particular, their business teams. When business is going well, it’s easy to overlook  the flaws and peccadilloes. Partly because we want to ride the prosperity wave. But when the wave crashes, and you’re dumped onto the beach with the seaweed, the broken shells and the flannisters (you know, those plastic yokes that hold six-packs together), are you really shoulder-to-shoulder with a business partner you respect? A Cautionary Tale (names changed to protect the ill-advised): Dylan started a partnership five years ago after being approached by Pete, someone he “sort of knew” from his industry.  They verbally agreed to be 50/50 partners. Pete formed the company (in his name only), but p-r-o-m-i-s-e-d that Dylan would be put on the ownership papers as soon as they got investors. Dylan did most of the work; Pete put in most of the capital. But each time that Dylan asked about being included in ownership papers, Pete became indignant .…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.