Where should I go to do that? is there a step by step process? does it differ by state?
2007-01-02 08:03:43 · 2 answers · asked by Dead Birds Don't Poop 5 in Business & Finance ➔ Small Business
It depends on what kind of legal business structure you have already. Are you an LLC, C corp, S corp? If an LLC, do you have partners or members? etc. etc. Most of the time adding someone as a partner is a matter of refiling a few pieces of paper with the Secretary of State (in your State obviously). It's not a big deal at all.
2007-01-02 08:18:11 · answer #1 · answered by Rocky B 2 · 0⤊ 0⤋
That's a big leap of faith. Are you sure you want to be in business with a family member?
This could cause major problems in the relationship if something goes wrong. Personally, I wouldn't put the relationship at risk.
I would hire my brother before I would make him a partner.
2007-01-02 16:20:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋