Remove CPA Remove Due Diligence Remove Hiring Remove Partner
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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Here are a few tips to ensure that you and your partners start out on the right foot. Hire professionals. A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. You need to ask questions and perform due diligence before you invest substantial time and money.

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The five C’s of Business Partners: a marriage without the sex

Berkonomics

Nowhere is this more evident than with the issues related to business partners. Thinking about a business partnership like a marriage might be helpful in how you go about selecting a business partner. You are likely to spend more time with your business partner than your spouse in the early stages of launching a business.

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How I Started, Grew & Sold An E-commerce Business For Quarter Million Dollars ($250,000) – Part 2

Entrepreneurs-Journey.com by Yaro Starak

I then discuss the journey to search for a product distributor who would become my business partner, how and where I found one, as well as the establishment of the e-commerce portal itself. If you can’t do it, hire someone who knows what they are doing. Take your time in selecting your partner. This became a nightmare for us.

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16 Entrepreneurs Explain How They Make Bold Decisions

Hearpreneur

The decisions you make can make or break the future of a business hence due diligence is necessary before making bold decisions. As someone who manages a team, I know all too well the importance of hiring the right people for the job. At the same time, hiring external consultants help me bridge my knowledge and experience gap.

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Why Leave A Six Figure Corporate Job For Internet Entrepreneurship?

Entrepreneurs-Journey.com by Yaro Starak

Professionally, I am a Certified Public Accountant (CPA), may also be called a Chartered Accountant (CA) on your side of the globe, a Finance Charter-holder and a Certified Financial Planner. For example, during due diligence I did not check the condition certain equipment which broke on me within a couple months (big mistake!).

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Beware The Consultant

infochachkie.com

Basing a consultant’s compensation on the incremental revenue they generate is a great example of a deal that is on The Fringe (for other creative approaches to partnering, see Agreements on The Fringe). At the early stages of your company’s life, you cannot rely on disinterested, hired guns to define your company’s key tasks.

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How to Become Your Own Boss in 2015 (Webinar Recap)

Up and Running

If you don’t hear anything else I’m saying in this presentation, remember this, an unsupportive spouse can kill a business faster than a bad marketing plan, so you want to make sure that your spouse or partner is bought into what you are doing. You know this about yourself, get a partner, do yourself a favor.