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To: jagusafr

I agree and you are right for sole member LLC vs sole proprietorship - I was just against business partners based on past experience when responding to the poster for starting a new business with a partner.


25 posted on 12/19/2023 11:34:11 AM PST by AlanSC (Bleach Demon)
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To: AlanSC

Absolutely - I have to work hard to get these guys (almost always guys) who come in and say “We’re best friends forever, we’re going 50/50” to realize that somebody has to have the final say. I have tie-breaker language in those operating agreements that lets them designate 2 people who then pick one other person to help them make the decision.


32 posted on 12/19/2023 6:21:15 PM PST by jagusafr ( )
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