Learn more about buying, selling, managing and financing businesses and sign up for my e-mail list at http://www.DavidCBarnett.com Learn to Buy a Business: http://www.BusinessBuyerAdvantage.com Related Article: Partnerships; it makes one think of comraderie, solidarity, marriage even. So often people get a great idea and decide to form a partnership (or become shareholders in a corporation together) in order to make the great startup story happen once again. Here’s the problem though, what if the different founders are being asked to contribute at different levels? What if someone is being asked to put their personal income on the line by quitting a job and going to work full-time in this new venture? How do we reconcile the different contributions? It all has to do with the hats we wear. Watch as I answer this week’s question from someone on Quora.com who is in the middle of this very dilemma: https://youtu.be/4IJE6GsAkys Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site. Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) I’m coming to Halifax, NS December 4 to teach my Succession Planning Workshop and my How to Buy an Existing Business Workshop. It would be great to see you there. Thank you and I’ll see you next time. ... https://www.youtube.com/watch?v=4IJE6GsAkys

Get on the list and stop missing new videos at http://www.DavidCBarnett.com Get your business running smoothly with EASY systems at http://www.EasySmallBizSystems.com Related Article: I’ve heard that you can’t fight city hall. I’ve never tried. I believe in keeping light on your feet and moving fast. When I had a conversation with the owner of a small manufacturer, I was reminded why I often advise businesses to lease property instead of owning. It gives you more flexibility. This guy had a problem with zoning and needed help so he could mortgage the building and get operating capital. My red flags went up and within a few questions I had identified the real problem… one he was working hard to avoid. As one of my favourite authors, Ayn Rand, once said, ‘you can ignore reality, but you can’t ignore the consequences of ignoring reality.’ Learn more in this story I tell about the businessman so concerned about zoning that he forgot why he was in business: https://youtu.be/lwORvoJ_xeY Make your business easier to run, more profitable and more easily sold when the day comes by implementing the 13 steps of my Build a Business That People Will Want to Buy System. Learn more and enroll at www.EasySmallBizSystems.com. 30 day guarantee, no risk for you. Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. Thanks and I’ll see you next time. ... https://www.youtube.com/watch?v=lwORvoJ_xeY