Going into business with others means taking some risks.
Sooner or later, one or more of the owners will want to exit the business (and
it may be you). Unless you plan in advance, protracted arguments over the
buyout price, payment plans, and outside buyers can threaten the survival of
your business. Without an agreement, co-owners may also jeopardize the business
by filing for bankruptcy, pledging their business share as collateral,...