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Business partner help
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<blockquote data-quote="Jogeephus" data-source="post: 1268629" data-attributes="member: 4362"><p>There is a lot of things that come into play here. Is he wanting to buy you cattle so you'll have skin in the game and maybe use that in lieu of pay for looking after the cattle? How much is he expecting you to work with the cattle and what about him? Is he going to charge you interest and expect you to pay him back with money or labor? To many questions.</p><p></p><p>Like some have said, partnerships typically don't work but they can. I've never been one to work for the company store nor have I been one to work FOR someone but I will work WITH them. That said, I've been in a partnership for over 20 years and have never had a minutes trouble but neither of us keeps score and we both just look at the big picture. I have controlling interest but never execised it and always get his input before making any major purchases. The good thing with having a partner is you can take time off if you need to and sometimes its just nice to have someone to help you with something.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 1268629, member: 4362"] There is a lot of things that come into play here. Is he wanting to buy you cattle so you'll have skin in the game and maybe use that in lieu of pay for looking after the cattle? How much is he expecting you to work with the cattle and what about him? Is he going to charge you interest and expect you to pay him back with money or labor? To many questions. Like some have said, partnerships typically don't work but they can. I've never been one to work for the company store nor have I been one to work FOR someone but I will work WITH them. That said, I've been in a partnership for over 20 years and have never had a minutes trouble but neither of us keeps score and we both just look at the big picture. I have controlling interest but never execised it and always get his input before making any major purchases. The good thing with having a partner is you can take time off if you need to and sometimes its just nice to have someone to help you with something. [/QUOTE]
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