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Business partner help
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<blockquote data-quote="Ryder" data-source="post: 1269658" data-attributes="member: 663"><p>If you do this make sure you have an understanding about each and every detail of the business.</p><p>I would particularly be interested in how are the management decisions made. Who makes them.</p><p>How do you identify who owns what cattle.</p><p>What is the character/reputation of the other man? Is he trustworthy and easy to communicate with?</p><p>How will the partnership be dissolved, nothing lasts forever. How will the money be handled. Who writes the checks? Who keeps the books?</p><p>Little thing that are easy to overlook at the beginning can become major problems later.</p></blockquote><p></p>
[QUOTE="Ryder, post: 1269658, member: 663"] If you do this make sure you have an understanding about each and every detail of the business. I would particularly be interested in how are the management decisions made. Who makes them. How do you identify who owns what cattle. What is the character/reputation of the other man? Is he trustworthy and easy to communicate with? How will the partnership be dissolved, nothing lasts forever. How will the money be handled. Who writes the checks? Who keeps the books? Little thing that are easy to overlook at the beginning can become major problems later. [/QUOTE]
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