Tag Archives: Family Member
Business Partnerships – Doing It Right
So you are considering starting a business with a partner or partners. If you’re doing so keep in mind some absolute truths. Most business partnerships end in a break up by a factor of 8 to 1. I know you’ve got the perfect formula – I’ve heard it before but… heed these words of advice. [...]
Posted in personal business cards
Also tagged Absolute Truths, Best Friend, Business Background, Business Partner, Business Partnership, Business Partnerships, Business Relationship, Clauses, Financial Payoff, Mom, Money, Pound Gorilla, Pre Nup, Reason, Roles And Responsibilities, Starting A Business, Starting Business, Third Party, Words Of Advice
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Personal Guarantee for Small Business
A personal guarantee is when an individual agrees to be held responsible for assuming the debts of another person or business in the case of the borrower failing to pay back monies borrowed or defaulting on a loan or mortgage. This provides back up protection to the bank or other lending institution and gives them [...]
Posted in personal business cards
Also tagged Borrowers, Business Lenders, Business Loan, Business Loans, Business Operator, Business Person, Cash Guarantee, Credit Request, Debts, Defaulting On A Loan, Doubts, First Car, Initial Application, Interest Rates, Lending Institution, Monies, Personal Guarantee, Smashes, Young Person
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