Breaking Up Is Hard To Do
Breaking Up Is Hard To DoThomas Kinslow still sighs in resignation when he talks about the breakup, even though it's been years since the split.
After starting a business with two friends, the venture wasn't proceeding as they'd planned and Kinslow wanted to end the partnership. Because there were only verbal agreements, the wrangle over who owned what began, and the result was a nasty series of arguments and, ultimately, the loss of the friendships.
When Kinslow started a new firm, toy company Dewey Does, in Staten Island, N.Y., he was happy to sign on some partners, but he applied what he'd learned from previous experience first.
Find out how to write a partnership "pre-nup."
Read: Breaking Up Is Hard To Do.
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posted by Victor Lloyd Smith @ 12:19 PM
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