As important as selecting the right business partner is a written business contract at the end of the day. Even with all the other considerations, still best practice to have that written agreement. Protects all parties from future "misunderstanding", more enforceable than he said/she said if breached, can be amended by agreement as needed, etc.
Even a potential partner with exemplary "credentials" is not a guarantee that the person's intentions are honorable.
Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.
Angelheart of FL @ Jun 25, 2008 08:03:11 AM
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