06/18/2026
Going into business with a partner? Talk about the uncomfortable stuff first.
Before you start, make sure you agree on money, responsibilities, and how problems will be handled.
Who gets paid?
Who handles the books?
Who manages employees?
Who makes decisions if you disagree?
A 50/50 partnership may sound fair, but it can create serious problems if both partners are deadlocked and there is no clear process for resolving disputes.
Attorney Parag Amin explains what business owners should think about before starting a business partnership.
The best time to prevent partnership problems is before they happen.