358: I'm in a Partnership - What to Know
Main Street Business
00:00
Who's Doing What?
Iyoknow, i don't ride as awor see, honesty in a partnership is very important. You need to have an agreement with your partner on who's doing what things. As you grow your business and have success, you're going to both have to work on different things. And so building the budget right out of the gate that you have a college student, a part time account or whatever it is, one someone's gotg to be in charge of the books. If you get audited, e-mails will go off like bulltrap. Every partnership requires a Ten 65 tax return period,. Don't let anybody tell you anyothething Otherwise they tell you something different
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