Business Partnerships

Guides on starting, managing, and growing partnerships with clarity and trust.

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Important conversations before you and a friend launch a business together, from vision to exit plans.

When partners disagree about who spent what, what's valid, and who owes whom—practical steps to fix the numbers and the relationship.

Important conversations before you and a friend launch a business together, from vision to exit plans.

Money topics to discuss with your attorney when drafting or updating a partnership agreement—contributions, profits, draws, and exits.

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.

A practical guide to tracking business expenses when you work with a partner—categories, logs, reimbursements, and reconciliation.

Split total business profit between partners based on agreed ownership percentages.

Calculate each partner's share of total capital invested in the business.