Law Business / Commercial Law

Forming a Partnership And Making It Work

By Ira Nottonson
Entrepreneur Press February 2007

Specifications

ISBN-13
9781599180717
Publisher
Entrepreneur Press
Publication
February 2007
Format
Hardback , 320 pages
Jurisdiction
U.S. ? Countri(es) for reference only

Details

Introduction

  • Focuses on identifying and preventing common problems
  • Covers starting a new business with a partner and bringing a partner into an existing business
  • CD-ROM includes all necessary forms

About the book

Making Partnerships Work

 

Most partnership books focus on the technical aspects of "how to." The more important question is "how do." How do I make this succeed' Experienced corporate attorney Ira Nottonson covers both areas by exploring real-life examples that have generated success or failure in numerous partnership situations. Nottonson offers you a complete do-it-yourself guide to forming a partnership as well as the critical information necessary to navigate the various partnership relationships and make them work.

Nottonson covers:

  • Putting the partnership together
  • Bringing a partner into a new or existing venture
  • Smart strategies for dividing responsibilities and profits
  • Joint ventures, implicit partnerships, investors and family
  • Building a decision protocol
  • Cash flow for growth and profit

Give yourself a business advantage as Nottonson takes you step by step through the legal and personal issues of forming a partnership.

Critical Checklists and Sample Contracts on CD-ROM!

  • General Partnership Agreement
  • Partner Ledger
  • Minutes of Partnerships Meeting Form
  • Action of Written Consent of Partners
  • Summary of the Uniform Partnership Act
  • State of Delaware Certificate of Limited Partnership

Plus critical checklists for:

  • Analysis of Partnership
  • Developing a Partnership
  • Reviewing Cash Flow
  • Protecting Proprietary Information
  • Arbitration and Mediation
  • Building a Decision Protocol
  • Bringing in New Partners
  • Family Partnerships
  • Attracting Investors
  • And more!

For more than 28 years, Entrepreneur has provided the most trusted business advice available to business owners. Our legal guides continue that tradition by offering current and cost-effective legal information so you can resolve the business and legal issues you face on a daily basis. We'll also strive to help you identify when it's in your best interest to seek the personalized advice and services of a practicing lawyer.
 

Table of Contents

1. It's lonely at the top

2. Business, the family, and partnership

3. Bringing a partner into a new venture

4. Bringing a partner into an existing business

5. Putting the partnership together

6. Your 'real' partners: keeping the family in the game

7. Skills that complement

8. Trust, discipline and competence

9. Joint venture / strategic alliances

10. Implicit partnerships

11. Insurance / non-disclosure / non-compete

12. Putting it in writing

13. Negotiating, arbitration and mediation

14. Selling and growing

15. Bringing in new partners
 

About the Author

Ira N. Nottonson is a Law Review graduate of Boston College Law School. His consulting practice specializes in startups and the buying, selling, valuation and reconstruction of small businesses. HE has acted in different capacities for many companies including CEO, COO and chief legal counsel. Past clients include International House of Pancakes, Orange Julius of America, House of Pies and PIP Printing. Nottonson has also owned five different businesses.

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