{"id":47889,"date":"2018-11-20T17:35:19","date_gmt":"2018-11-20T17:35:19","guid":{"rendered":"http:\/\/caseylawgroup.com\/?page_id=47889"},"modified":"2020-03-13T08:48:12","modified_gmt":"2020-03-13T13:48:12","slug":"i-want-to-start-a-small-business-with-two-partners-what-is-the-best-way-to-protect-myself","status":"publish","type":"page","link":"https:\/\/caseylawgroup.com\/video-links\/i-want-to-start-a-small-business-with-two-partners-what-is-the-best-way-to-protect-myself\/","title":{"rendered":"I want to start a small business with two partners. What is the best way to protect myself?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;3.22&#8243; background_color=&#8221;rgba(249,249,249,0)&#8221; background_image=&#8221;https:\/\/caseylawgroup.com\/wp-content\/uploads\/2018\/12\/iStock-912466964-min-1-min-1.jpg&#8221; background_blend=&#8221;overlay&#8221; custom_padding=&#8221;54px|0px|70px|0px|false|false&#8221; border_width_top=&#8221;5px&#8221; border_color_top=&#8221;#025932&#8243; border_width_bottom=&#8221;5px&#8221; border_color_bottom=&#8221;#d6a345&#8243; saved_tabs=&#8221;all&#8221;][et_pb_row _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0|0px|0|0px|false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;|600|||||||&#8221; header_text_color=&#8221;#ffffff&#8221; module_alignment=&#8221;center&#8221;]<\/p>\n<h1 style=\"text-align: center;\">Video FAQs<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;35px|0px|35px|0px|true|false&#8221;][et_pb_row column_structure=&#8221;2_3,1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0|0px|37.2969px|0px|false|false&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<h2><strong>Business Formation Law<br \/>\n<\/strong><\/h2>\n<h4>I want to start a small business with two partners. What is the best way to protect myself?<\/h4>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.0.6&#8243;]<\/p>\n<p style=\"text-align: center;\"><div class=\"lyte-wrapper fourthree\" style=\"width:420px;max-width:100%;margin:5px auto;\"><div class=\"lyMe\" id=\"WYL_YyE0C_L1vEg\"><div id=\"lyte_YyE0C_L1vEg\" data-src=\"\/\/i.ytimg.com\/vi\/YyE0C_L1vEg\/hqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\"><\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/YyE0C_L1vEg\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/YyE0C_L1vEg\/0.jpg\" alt=\"\" width=\"420\" height=\"295\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:420px;margin:5px auto;\"><\/div><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<p style=\"text-align: justify;\">The best way is to have an open and frank discussion between all the business partners as to what the expectations are of one partner of the other and what the expectations are of the business.<\/p>\n<p style=\"text-align: justify;\">Once those expectations are fleshed out, they should then be reduced to writing. That writing is usually in the form of a shareholders&#8217; agreement, which lays out what action will be taken in the event that there is a parting of the ways between the partners.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;||||||||&#8221;]<\/p>\n<h2 style=\"border-bottom: 4px solid #ac7f3f; text-align: center;\">Video Library<\/h2>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/asset-protection-law&#8221; button_text=&#8221;Asset Protection Law&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;3.19&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;18px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#105e16&#8243; button_font=&#8221;||||||||&#8221; custom_css_main_element=&#8221;width: 100%;&#8221; 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