Things Change: Be Realistic When Buying a Biz with a Partner
Burned by 2 acquisitions he did with partners, Jeff Evenson insists on these protections when partnering-up to buy a biz. Topics in Jeff Evenson’s interview: Buying a salon with his wife Losing the salon in his divorce Partnering with a friend to buy a machine shop Dissolving the partnership with his friend The value of a “shootout” clause The 4 D’s that can end a partnership Why equity and time investment are not the same thing Essential clauses for your partnership contract The power of a “same-page meeting” Life changes you should prepare for Links and how to contact Jeff: jeffrey.n.evenson@gmail.com Twitter LinkedIn Get a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HR Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter