How are the administrative problems solved when no written agreement is signed between the partners?
Answers
Answer:
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Explanation:
Addressing these issues may be uncomfortable. It may seem like discussing a prenuptial agreement with your future spouse. However, it is imperative that you take the time to discuss these issues for several reasons. First, it should be natural for you to address these issues because, over time, expectations and pressures on business owners or partners usually change; agreements can anticipate these changes. Second, an agreement will provide clarity for you and your partner if certain situations or events occur. Third, it will provide you with an enforceable set of guidelines you can use to navigate difficult problems. Fourth, it will remove any surprises or uncertainty you may experience if or when a dispute arises.