Partnerships

Going into business with a co-founder usually starts with genuine trust and excitement — which is exactly why the hard, specific questions get skipped. “We'll figure it out as we go” feels natural early on, and it's also the most common source of the disputes that later damage or end partnerships. Business Basics for Partnerships covers the questions co-founder relationships need to answer early: how equity actually gets split, who decides what, how money moves between partners, what a real agreement needs to cover, and how disagreements get handled before they become business-ending.

This book won't draft your partnership agreement or tell you your specific equity split — those are decisions for you, your partner, and an attorney. What it will do is make sure you walk into those conversations already knowing what actually needs to be decided.

Inside, you'll learn how to:

• Understand why 'we'll figure it out as we go' fails so many co-founder relationships

• Split equity based on an honest look at real contribution, not a quick default

• Define roles and decision rights before you actually need them

• Handle compensation and profit-sharing between partners deliberately

• Know exactly what a real partnership agreement needs to cover

• Work through disagreement — and recognize when it's time to part ways

Part of the Business Basics That Work series: practical, no-fluff guides for freelancers, local shop owners, and small business owners who'd rather get it done than read a textbook.