I grew up in a small brick rowhouse in a neighborhood about a half-mile outside of Baltimore City, Maryland. My front yard was about the size of a postage stamp and the backyard was about the size of an envelope. In order to avoid having...
While we often talk about the logistics of partnership agreements, you should be asking yourself why first. Simon Sinek asks us to think about why when it comes to leadership. I am asking people going into business together to ask a series of why questions....
I was going through policies that often appear in employee handbooks (you can make fun of my nerdiness later). We are approaching the season for two major violations for workplace policy. If you look at your employee handbook, you’ll likely see a no-solicitation policy, which generally...
Most of us have heard the phrase “Give a man a fish, feed him for a day. Teach a man to fish, feed him for a lifetime.” It references the notion of charity versus teaching or skill-building. We often think about the idea for basic...
Before jumping into this post, we'd like to welcome Sean to the blog! Sean will contribute in his areas of health care compliance, small business growth, construction law, contracts, and general small biz need-to-knows. He brings with him his background in health care regulations, construction...
In this post we are going begin to to dive into partnership agreements. If you’re interested in other partnership topics you can check out this post on communication and dispute resolution, this post on exit strategies, and this post on important questions to ask. This...
With this post and a series of post that will follow, we will be talking all about partnership agreements. What are they? Why are they important? What needs to be included? Before we get started, I’d like to make it clear what partnership agreements are...
Over the past several posts I’ve talked about some of the large scale things partners need to discuss before going into a partnership arrangement. We talked about things such as communication skills, exit strategies, who is bringing what to the partnership in terms of money,...
In previous posts, I talked about some issues that potential partners should be discussing when it comes to the planning stages of entering into a partnership. Some of those things included making sure the partners are compatible and ensuring everyone has expressed their expectations, and that...