The dissolution of a business partnership can easily become rancorous – especially when run with your ex. Kirwans senior associate Paul Hunt gives advice to those who have decided to keep working together after a divorce.
Gravity Payments CEO and co-founder Dan Price announced in April that he would be giving up 90 per cent of his pay to set a new minimum wage for employees. Now, his brother is suing him.
Now the economy has picked up, many businesses are looking to raise funds for growth. A common method deployed by small businesses is to negotiate with its key suppliers to pay for its services in the form of equity, which is often referred to as “sweat equity”.
You spend more time with a business partner than you do with anyone else, so it makes sense to team up with someone you like, trust and respect. Here is how to do business with family and friends.