Are you thinking about going into business with someone?

Are you considering setting up a new business with someone? Are you looking to involve someone else in your existing business? Maybe a key employee or business associate?

Involving other people in your business can be a great idea to share the fun and spread the risks. However, getting into business with someone also brings with it an entire jungle of potential dangers.

The short story is that it much (much) easier to let someone in to your business, than it is to get them out if things go sour. Furthermore, the likelihood of something going sour is radically increased if you don’t sit down beforehand and clearly map out how things are going to run.

We have been helping people successfully get into business with others for over two decades. Below are links to a treasure trove of resources and information to help you make your business partnership a success. We also set out some information for those of you who are already in business with someone and want to know the way out..

Things you need to discuss and plan before tying the knot

Sit back and watch this one hour seminar on everything you need to know about going into business with someone: VideoPost: ‘Open to Partnerships’ – Going into business with others

Read our comprehensive 18 page Checklist of Issues to consider before going into business with someone:

Q&A – How do pre-emption rights work? putting in place fair and equitable first rights of refusal as between owners.

Think about the end, before you start: Business succession planning

Taming the 7-Dogs of business succession planning.

How best to structure your joint enterprise

Why is a partnership a bad structure for your business?

What to do when things go bad

What happens when someone leaves a partnership?

Read our Checklist of Partnership Exit Issues: Is your business partnership splitting up?

When the Partnership Bubble Bursts: What happens if I want to continue operating the business post-dissolution?

Our Great Lawyer Guarantee

We want to be part of your team over the long term. We'll achieve this by sticking closely to the following principles:

  • We'll listen carefully to understand what you want to achieve. Then we'll thoroughly explain our advice and step you through the documents. You can be sure you'll know the full consequences.
  • Our lawyers work as a team, so someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
  • One of our key goals is to pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
  • We only do what we're good at. You can be confident that we know what we're doing and won't pass on the cost of our learning.
  • For advice and documents, we provide a fixed or capped quote so you don’t take price risk. If you're in a dispute, we'll map out the process and costs so you know what to expect.
  • We're not in this game for our egos. We're in it for a front row seat to witness your success.

We measure our success on how efficiently we have facilitated your objectives, enhanced your relationships, and reduced the level of stress for all involved.

If we sound like people you can work with, call us now on 1300 654 590 and speak directly with a great lawyer.

Call 1300 654 590 and speak with a lawyer

You’ll be put straight through to a great lawyer who will guide you to the right solution.

Don’t lose your business along with your marriage

Don’t lose your business along with your marriage

Separation is never easy, but it can be even more difficult for business owners. This is because business owners have the added uncertainty of having their jobs (and often livelihoods) tied up in a business that is considered an asset of the relationship. For many business owners, the most daunting aspect of their separation is the possibility of losing their business.

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