How to structure a business partnership? Imagine this scenario: Two people want to go into business together. One person has the money to start the business, but no ability to actually run the business. The other person has the expertise to run the business, but no money to actually invest. How do they co-own the business in a way that is fair to both parties in respect to profits, debts, responsibilities and decision making? [more inside]
posted on Mar 20, 2008 - 18 answers

CanadianTaxesFilter: Can I legally claim some of my debt as an "investment expense" if I give up my second job to focus on my business? [more inside]
posted on Feb 21, 2008 - 5 answers

I'm looking for ~$10,000 to start a simple business and need to write a business plan. Essentially, I have the best price and the best quality for a new tech gadget than no one is seriously marketing in the US. I'm trying to figure out the business plan's formatting, what topics to cover, questions to answer, information to include. Any samples or suggestions are much appreciated. [more inside]
posted on Aug 30, 2007 - 13 answers

My company has been attracted the attention of several larger companies who wish to invest in us in exchange for a position on the board and an equity stake in the company. We're a small, privately held group, and have no clue what this means for us. Obviously, we need to get at attorney involved in this process, but I'm the kind of guy who wants to know what to expect out of deals like this. [more inside]
posted on Feb 19, 2007 - 10 answers

OK, I now know that money-maker chain-letter implementation is illegal, but my big question -- why? Is it for the protection of dumb people? I'd have to say the fact that it didn't work is the protection of dumb people, but shouldn't be illegal. [more inside]
posted on Nov 28, 2005 - 20 answers