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Finding The Right Biz Partner

Tech entrepreneur Neil Patel shares some advice on his blog, QuickSprout, about the benefits of having a business partner, and how to find the right one.

Patel, who admits he’s been through his share of partnerships, warns that the union can be as tumultuous as a marriage and recommends setting expectations for each partner on day one.

To that end, he suggests “sealing the deal” by putting both names on the LLC — with clearly delineated percentages — to prevent issues with money or ownership.

Photo by spekulator .

   

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