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 .