Going into business with one or more other people offers many potential benefits and risks. You hope for success, but need to plan for the worst. A carefully drafted agreement among a group of business partners is important to memorialize owner expectations and understandings concerning a variety of important topics. Click here for a short list of discussion issues for any partnership group starting a new limited liability company together. Any important business transaction or relationship is worth memorializing in writing. When (not if) the unexpected happens down the road, you will likely be very glad you and your partners put the key terms of your relationship in writing.
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