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Tips 'n Tricks
Understanding a "Fair" Partnering Deal
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<blockquote data-quote="melking" data-source="post: 880031" data-attributes="member: 14098"><p>First, I agree, consult an attorney for the paperwork. That said, I would offer hima partnership where you bring the land and he brins the cattle to the deal. In a perfect world, you would want to have at leasta 51% holding in the partnership but then again so would he. Even if you go 50/50 just make sure yopu spell out what is to happen both during the course of business and in the event that the partnership needs dissolving. :2cents:</p></blockquote><p></p>
[QUOTE="melking, post: 880031, member: 14098"] First, I agree, consult an attorney for the paperwork. That said, I would offer hima partnership where you bring the land and he brins the cattle to the deal. In a perfect world, you would want to have at leasta 51% holding in the partnership but then again so would he. Even if you go 50/50 just make sure yopu spell out what is to happen both during the course of business and in the event that the partnership needs dissolving. :2cents: [/QUOTE]
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Understanding a "Fair" Partnering Deal
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