Practical advice for partners, founders, and small business owners.
What changes financially when your two-person business grows—and how to upgrade systems without losing transparency.
When partners disagree about who spent what, what's valid, and who owes whom—practical steps to fix the numbers and the relationship.
A practical breakdown of what two founders should budget before launch, with examples and split-friendly planning steps.
Practical money rules for co-running a side hustle while you still have day jobs, families, or other commitments.
When to take money out of the partnership vs leave it in the business, with examples partners can actually use.
When one partner brings money and another brings time, fairness needs clear rules—not assumptions.
Step-by-step guidance for logging what each partner puts into the business from launch day forward.
Financial missteps that strain partnerships, with tables, examples, and habits that keep money clear.
A structured question list for prospective business partners, from finances to friendship boundaries.
Important conversations before you and a friend launch a business together, from vision to exit plans.
How partners can forecast cash, avoid surprise shortfalls, and align draws with what the business can actually pay.
How to allocate profit by project when two or more partners deliver work together—without breaking your overall partnership split.
Money topics to discuss with your attorney when drafting or updating a partnership agreement—contributions, profits, draws, and exits.
How two partners can build a monthly budget that reflects shared goals, real expenses, and fair spending limits.
A practical framework for deciding how much profit to reinvest versus distribute when you run a business with a partner.
When cash and contributions differ, equal splits rarely fit. Learn capital accounts, waterfalls, and how to document non-cash value.
Equal splits are simple on paper. Learn when 50/50 partnerships work, what to document, and when unequal investment fits better.
Set up shared accounts, approval rules, and settlement rhythms so business expenses stay fair and transparent.
Define net profit, choose a split method, set reserves, and distribute cash without confusing revenue with ownership income.
A practical guide to tracking business expenses when you work with a partner—categories, logs, reimbursements, and reconciliation.
