Practical advice for partners, founders, and small business owners.
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.
