Why Every Business Needs A Password Vault
The Most Overlooked Cyber Risk in Small Businesses (And the Simple Fix) When most business owners think of data breaches, they imagine elite hackers using sophisticated tools. But in reality?Most breaches happen because someone reused a password, emailed a login, or clicked the wrong link. I’ve seen companies with only a few employees suffer devastating […]
Two Partner Businesses Face A HIDDEN Legal Trap
The Legal Trap That Could Destroy Two-Partner Businesses in California Most two-partner businesses assume that with the right agreement in place, a buyout will be simple. But here’s the truth: California law doesn’t treat two-partner businesses the same way it treats larger partnerships. And if you’re not prepared, that difference could cost you everything. I’ve […]
Your 50/50 Partnership Could KILL Your Business
The 50/50 Ownership Myth—And Why It Can Destroy Your Business “As equal partners, we split everything 50/50.” That’s one of the most common—and most dangerous—statements I hear from new business owners. Early on, it makes sense. You’re optimistic. You trust each other. Maybe one of you brings cash and the other brings time or expertise. […]
Here’s The Secret To Having A SUCCESSFUL Buyout
Delayed Buyout? California Law Gives You 120 Days to Get Paid “Just give me 120 days to get your money together.” That’s what my client Sarah’s business partner said when she asked to be bought out. It sounded reasonable.Except 18 months later, she still hadn’t seen a single dollar. Sarah had spent eight years building […]
Unequal Effort: How I’ve Seen It Destroy Business Partnerships
When Profit Splits Go Wrong: Why Your Partnership Agreement Matters More Than You Think It’s one of the most common things I hear from early-stage partners:“We’ll figure out the money stuff later.”And almost every time, those are the words that come back to haunt them. I worked with a client who built a $2M landscaping […]
The Hidden Business Partnership Killer You Need to Avoid
Equal Profits, Unequal Problems: Why Spending Rules Can Make or Break Your Partnership Most business partnerships start with enthusiasm, optimism—and a quick agreement to split profits 50/50. But here’s what I see far too often:They forget to define how spending decisions get made. And when the business starts growing and the stakes get higher, that […]