I had a question from some clients in Florida who are buying a business.
They want to form a partnership or corporation and each person is bringing different skills and amounts of money to the table.
How do you manage unequal partners who want to buy a business together?
I’ve run into these issues in my own deals and while helping others in the past.
It takes a combination of understanding what ‘hats’ you’re wearing at different times as well as clearly identifying and accounting for the types of ‘equity’ each partner may be bringing to the table.
Watch as I discuss some of the solutions to these issues and the way we can think about them. Your input is welcome. Leave comments on the YouTube page.
Watch the video: https://youtu.be/nvzVuT8pRpU
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