If you are going into business with one or more partners, you need a legal agreement spelling out how you are going to run the business, how much each will earn, and, most importantly, what will happen if you can’t get along and decide to split. The names of the agreements vary by business entity but the objective is the same – put it in writing to avoid contention.You learn why it’s crucial to get expert help to resolve topics like these in advance of trouble:
Dealing with owners’ compensat...
