How an entrepreneur’s prenup avoids messy small business divorce
By Nina Kaufman, Esq.People often view a marital prenup like having a bucket of ice-cold water dumped on your head. Small business owners are no different. When they look to form business partnerships, the thought of negotiating a business partnership agreement can be too chilling to contemplate. Problem is, when you start working together without working out the business partnership details, it can be uglier and costlier to unravel.
Phil Simon, technology consultant, speaker, and author of the recently released The New Small, wanted to ask me a few questions about life, love (and hate), and the law (of partnerships). Watch the video below, where we cover:
- the top three legal areas that get business partnerships into trouble
- the importance of a smooth exit from a business partnership
- why to begin your business partnership with the end in mind
- what on earth possessed me to write The Entrepreneur’s Prenup
- common legal mistakes that small business owners make with business partners
The one question I can’t answer (maybe you can): whyizzit that online video freeze-frames always select THE most unflattering image of me so I end up looking like a goofy fish?
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