Partnership advice you would give.

[Julie DeWolfe Arroyo]

The advice I would give any budding business is to avoid *invisible partner* syndrome. If only 1 face is publicly recognized, if the business is named after 1 partner, if banking and loans are done under the business name then the invisible partner is being disadvantaged, should the partnership dissolve. This can be especially true if the partnership is between married persons and compounded if 1 party changed their sir name. Both parties must protect their personal interests by insuring the public face of their business leaves both parties equal footing, if the partnership dissolves or is bought out by the other partner.

Invisible partner recovery can take years, you will be building your business from the floor up, while your ex partner merrily enjoys name, face recognition and lending strength.

what I learned the hard way.