At some point in your career as a small business owner, you will find yourself either needing or wanting a partner (I use the term "partner" in the loosest sense of the term). Whether it is for the purposes of adding/retaining talent, expanding your business and talent pool, sharing expenses, or building a succession/exit plan, finding someone to partner with in serving your clients is essential for businesses to survive for multiple generations.
2 min read
Plan for the worst...Hope for the best
By David Grau Jr. on Feb 27, 2020 11:37:21 AM
Topics: Equity Sharing
2 min read
Intro to Equity Sharing - Best Practice for All Company Sizes
By David Grau Jr. on Dec 20, 2019 11:18:09 AM
As a business professional, I have no doubt you have met a colleague or two that has told you all about the horrors of having business partners. I too have heard these stories, and they are vivid reminders about the weight these types of decisions should command. With that as my disclaimer, I want to share with you some of the benefits of having junior partners and go beyond the obvious potential benefits like collaboration, sharing work, infusion of capital, or synergies.