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Klaket a failed partnership for the millionth time

The consultant... who is that? The client... I told you he's my friend. You know him as a friend, but do you know him as a partner? They used to say: Do you know so-and-so? Yes, I know him. Have you shared experiences with him? No. Then you don't know him. And in business, it's even harder. Do you know so-and-so? Yes, I've known him for years. Have you partnered with him? No. Then you don't know him as a partner. Before you enter into a partnership with someone you think you know well, don't start by transferring money. Start with the paperwork. Write down each partner's capital, each person's percentage, each person's responsibilities, who has the right to manage and make decisions, whether partners get salaries for management or only profits, how profits will be distributed, who can spend, buy, and sign, what happens if the project needs additional funding. And from the beginning, write down the things people usually don't think about until they happen: If we disagree, how will we resolve the dispute? If we lose money, who bears the loss and how? If one partner wants to exit the partnership, how will they be accounted for? If one partner wants to sell their share, who has priority? If the project grows and needs a new partner, what will we do? If we receive a sale offer, how will we decide? And if one of the partners passes away, what happens to their share and the management of the project? Don't wait for the problem to happen before you start agreeing. Agree while you are friends before you disagree as partners. And the clearer, more detailed, and officially documented the agreement is, the better it is for everyone's protection. Because at the time of agreement, everyone says: We are brothers and we won't disagree. But true partnership emerges when money, losses, decisions, and work pressure come into play. What is written can be referred back to. What was said at night might be remembered differently by each person by dawn. Restaurant House Company Feasibility Studies (Founding and Operational) Establishment, Operation, and Development of Restaurants and Catering Projects Project Evaluation Before Purchase and Investment Brokerage for Buying and Selling Restaurants