All Topics / Help Needed! / Mixing friends with business???!!

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  • Profile photo of robbo2481robbo2481
    Member
    @robbo2481
    Join Date: 2004
    Post Count: 1
    January 10, 2005 - 4:46 am

    Hi everyone!
    I’m just starting out, havnt purchased anything yet, but still enjoying myself in the hunt and other preparation. I’ve got a couple of close mates that could compliment mine and each others skills greatly.
    Is this a good idea getting them to come into business with me?
    Thanks!!

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 10, 2005 - 5:31 am

    Yes it maybe, if you properly document everything and work out an exit plan if one or more of your partners wants out.

    Terryw
    Discover Home Loans
    Mortgage Broker
    North Sydney
    Click below to email me

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

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