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In It Together: The Dos and Don'ts of Business Partnerships | Ep 13
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It's all about establishing good communication in the beginning. In today's episode, I focus on business partnerships and share my experiences and information on establishing an operating agreement, defining roles and responsibilities, setting compensation expectations, and creating a corporate minute. I also emphasize the importance of frequent meetings and defining member voting power when managing a business partnership.
You’re now tuned into Tender, Love, and Cash - The place where ambitious men and women turn to for business strategies that not only skyrocket their profits, but also position them to serve the masses and make money doing what they love. I can’t promise to always tell you what you want to hear. But I’ll guarantee you’ll get the guidance you need to hear to launch, grow and build the business of your dreams with confidence! Hosted by Amber Anthony.
Timestamps:
(5:55) - Define roles and responsibilities.
(6:53) - Plan ahead for change.
(18:02) - Prioritize corporate governance.
(19:50) - Ask all questions upfront.
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