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Should I Give My Business Partner an Equity Stake?

Should I Give My Business Partner an Equity Stake?

By Nina Kaufman, Esq.

It’s such a good question.  (Although it’s usually asked this way:  How much equity should I give someone who wants to buy into my business? — which I think is the wrong question, for it assumes that you would want to do so). For a perspective on why you wouldn’t, check out this recent post on Ask FSB (Fortune Small Business).  It might also be worth considering a strategic alliance or independent contractor arrangement for a period of time — which could include a generous compensation but no equity.  It’s a way of “dating before you marry” to see if your potential business partner (1) can really come up with the “goods” to merit an equity stake, and (2) is really the right fit (temperamentally, etc.) for you and your company. You deserve to be paid, protected, and prosperous. Kaufman Business Law can help get you there. Watch this short video to find out how. Watch our Video

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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.