October 6, 2017
What’s the key to making partnership agreements true living, breathing documents? They need to strike a good balance between setting firm procedures while allowing for flexibility in the way your business grows and changes. Not an easy feat. One of the significant ways you can ensure a good working relationship with partnership agreements is to have good working relationships with your business partners. As I discuss in my interview with Sam Leibowitz, the Conscious Consultant of Talking Alternative, you need to seek business partners who are aligned with your vision and goal. How can you do this? By: Giving thought to what each of you wants to get out of the business–and when Establishing a truly fair split of the profits (which might not be 50/50 for your particular business) Taking steps to diffuse tensions before they escalate Having an expert review your partnership agreement to evaluate whether it reflects your desires Screening carefully for any “red flags” What else did you wish you had added to your partnership agreements? You deserve to be paid, protected,…
Continue Reading“What’s in a name?” asked Shakespeare. I often wonder what celebrities are thinking when they name their kids Tu (Morrow), Moon Unit (Zappa), or North (West, of Kardashian-West fame). Or not thinking. Somehow, they latch…
Read MoreWho thinks more is better than less? If you’re a seven-year-old, more is definitely better than less—especially if it’s stuff you really like. But as a mature adult/business owner (ha!—don’t look at me), you know…
Read MoreAvoid taking on such clients, and establish penalties if they slip through your net. Delinquent clients are like an acid drip: They eat away at your profit margin and corrode your cash flow. And once…
Read More
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.
