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About Venture Capital
Business Partner
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Picking a partner is a critical
step in establishing or growing your business. Create a winning
long term union by finding a partner with the same vision as
you. Synergy is important. Don’t overlook the details though
- SBA recommends your partner agreement includes:
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Amount of Equity invested by each partner |
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How profits and losses will be split |
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Pay and compensation |
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Distribution of assets on dissolution |
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Rules on changing/dissolving the partnership |
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Dispute settlement clause |
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Restrictions on authority/expenditures |
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Length of partnership |
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