42 min
#80: Why Your Small Business Partnership Needs A Prenup Agreement with Tanya Bower Sticky Brand Lab Podcast
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- Self-Improvement
Regardless of the type of business you’re forming or whether your business partner is a friend, sibling, family member or colleague, you don’t know how long the relationship will continue and how it will end.
To understand the ins and outs of how business prenuptial agreements work co-hosts Lori Vajda and Nola Boea sat down with legal expert Tanya Bower. Listen in as she explains how a business pre-nup protects both of your interests, what specifically should be included in the agreement, and what to do if you formed a partnership without one.
Thanks for Listening!
Ready to start your business or grow your personal brand? Schedule a free 20 min. consultation call now.
If you enjoyed this show, make sure to subscribe to the podcast so you’ll never miss an episode. Want to get to know us more? Find out more about us and our services at Sticky Brand Lab
We love hearing from you! Leave or speak your message here
If you haven’t already, please connect with us on Facebook!
Would you like to be a featured guest or have your question, comment or review mentioned? Ask Muse!
Business success strategies are in the works. Come have a listen!
In This Episode You’ll Learn
How you can protect your business in case the relationship just doesn’t pay off.What do you need to know to avoid putting your business at risk.Different business entities are subject to different kinds of business agreements.Tips and topics to put include in a business prenuptial agreement. Key points Lori and Nola are sharing in this episode:
(5:24:75) How business pre-nups help you avoid court, avoid litigation, and reduce court costs and potentially putting your business out of business.
(07:03:51) How a business prenuptial agreement, is different than a business partnership agreement, an LLC, and an operating agreement.
(08:59.86) What to do if you've already launched your business and have been working together without a pre-nup, what do you do you then?
(15:59.56) These are the basics issues you want to make sure you have in the agreement.
(29:02:27) Should you have an attorney draft a prenuptial business agreement, or can you use an online templates or can you write it in yourself?
Resources
You can subscribe to Lori and Nola's show, (we love you and want to make it easy) on Apple Podcasts, Spotify, Audible, Google Podcasts, Stitcher, or wherever you listen to podcasts.
Connect with Tanya Bower:
Website: www.trippScott.com
This episode was supported by: Be-YOU-nique
ConvertKit: Our #1 Favorite Email Marketing Platform (This is an affiliate link)
Regardless of the type of business you’re forming or whether your business partner is a friend, sibling, family member or colleague, you don’t know how long the relationship will continue and how it will end.
To understand the ins and outs of how business prenuptial agreements work co-hosts Lori Vajda and Nola Boea sat down with legal expert Tanya Bower. Listen in as she explains how a business pre-nup protects both of your interests, what specifically should be included in the agreement, and what to do if you formed a partnership without one.
Thanks for Listening!
Ready to start your business or grow your personal brand? Schedule a free 20 min. consultation call now.
If you enjoyed this show, make sure to subscribe to the podcast so you’ll never miss an episode. Want to get to know us more? Find out more about us and our services at Sticky Brand Lab
We love hearing from you! Leave or speak your message here
If you haven’t already, please connect with us on Facebook!
Would you like to be a featured guest or have your question, comment or review mentioned? Ask Muse!
Business success strategies are in the works. Come have a listen!
In This Episode You’ll Learn
How you can protect your business in case the relationship just doesn’t pay off.What do you need to know to avoid putting your business at risk.Different business entities are subject to different kinds of business agreements.Tips and topics to put include in a business prenuptial agreement. Key points Lori and Nola are sharing in this episode:
(5:24:75) How business pre-nups help you avoid court, avoid litigation, and reduce court costs and potentially putting your business out of business.
(07:03:51) How a business prenuptial agreement, is different than a business partnership agreement, an LLC, and an operating agreement.
(08:59.86) What to do if you've already launched your business and have been working together without a pre-nup, what do you do you then?
(15:59.56) These are the basics issues you want to make sure you have in the agreement.
(29:02:27) Should you have an attorney draft a prenuptial business agreement, or can you use an online templates or can you write it in yourself?
Resources
You can subscribe to Lori and Nola's show, (we love you and want to make it easy) on Apple Podcasts, Spotify, Audible, Google Podcasts, Stitcher, or wherever you listen to podcasts.
Connect with Tanya Bower:
Website: www.trippScott.com
This episode was supported by: Be-YOU-nique
ConvertKit: Our #1 Favorite Email Marketing Platform (This is an affiliate link)
42 min