February 6, 2014
BusinessWeek gives you 12 stories of business partnerships that have had a major impact on American business and life. The article also underscores the importance of having partnerships agreement by quioting Steve Hindy, co-founder of Brooklyn Brewery. Hindy wanted to avoid the chaos in other partnerships that were established on a handshake. “One important thing that we did at the beginning . . . was to draw up a partnership agreement that defined it financially and also defined a buy-sell agreement, in case one of us wanted out or in case of disputes.” Click here for more on Hindy’s perspective and the other 11 featured partnerships. Want to learn more about Kaufman Business Law? This is the video to watch. Watch our Video
Continue ReadingQ: I have a business partner (“John”). He is majority shareholder with a 55/45 split. We act primarily as a subcontractor for a small number of other companies. We do not have an operating agreement. We…
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