Welcome to the how of business with your host, Henry Lopez, the podcast that helps you start,

run, and grow your small business. And now, here is your host. This is Henry Lopez and welcome to

this episode of the how of business on preparing for a successful small business partnership.

If you're considering going into a business partnership

where you and one or more other people are going to own and be involved in your business,

then this episode is for you. Business partnerships can be extremely powerful and successful,

but they can also create problems that you may not even be thinking about right now, problems, issues, and

misunderstandings that can ruin your business. The key to potentially avoiding any issues

with your business partnership is to discuss all of the possible scenarios and situations

up front and then execute a comprehensive legal agreement that spells out the terms of the

partnerships as much as possible.

To receive more information about the Hawa Business, including the show notes page for this

episode, and how you can continue supporting my show and receive exclusive content and

discounts through a Patreon membership, please visit the howab business.com.

I also encourage you to please subscribe to my show so you don't miss any new

episodes. I would like to thank all my listeners, coaching clients, and Patreon memberships for your

support of the Howa Business. I want to thank Casey, Reed, and Ava, who recently joined my

Patreon membership program, and thanks to Thomas, Justin, McKay, and Brent, who I have recently

had the privilege of working with through my one-on-one business coaching program. So on this

episode, I'm going to focus on what do we do to get ready to go into a successful business

partnership? What are those things that we need to talk about, think about, plan for,

decide, and then execute into a formal agreement that leads us to a better opportunity to

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