Are you thinking of going into partnership with family members?

We have talked about the down sides of partnerships and I generally recommend using the corporation form of business instead of partnership. However, if you truly believe that a partnership is the best idea I found a video that talks about it.

The video does a good job going over the pros and cons of going into business with family members. One thing I would keep in mind that is if something goes wrong with the business, then family events can be a nightmare.

The video is only a couple of minutes but does have some great information.