The cross-cultural partnership template is designed to help potential collaborators to reach understanding and agreement on the terms of their collaboration. In many contexts people look to the law to ...

Before entering a partnership, you should create written contracts that cover your agreements. A profit-sharing agreement generally expresses the ratio you'll use to distribute profits as well as how ...

PIP (partners' interests in the partnership) allocations are very commonly used in partnership agreements. 1 For this reason, Investors and managers should understand the basics of PIP allocations and ...

A partnership is a business structure in which two or more people operate a for-profit business. The partnership agreement -- which may be oral, written or implied based on the actions of partners -- ...

Private practices in the health care industry, including those owned by physicians, dentists, and other health care professionals, operate in a unique and highly regulated environment. In such an ...

Imagine you own 50% of your business. You started it 10 years ago but never formalized anything, and one of the partners has a health scare. This health scare potentially threatens your ...

Venom. Ill will. Backstabbing. Vindictiveness. Mistrust. Betrayal. These are some of the most negative aspects of human interaction. And they are present in nearly every manufacturing organization ...

Relationships are the lifeblood of every successful accounting firm. The relationships among the partners in a firm and with their clients are among a firm’s most valuable assets. So, when partners ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...