Like Nobody's Business

We spend more time picking an Ob/Gyn that will birth our babies than we do building the business partnerships that provide the income we need to take care of said babes. We know that one out of nine new businesses experience a five year failure rate and that the survivors may not be fairing all that well. For partnerships, more attention is spent on the legal and financial positioning of the partnership - whether it was a limited partnership. S or C Corporation, whether it was taxed like a partnership or a corporation and how the partners would get money from the partnership. Little information exists out there on how to have an effective partnership -- one where you don't continually fantasize about pitching one or all partners under the bus. Once the structure is in place, where do we go to work? Smaller firms tend to stay more tactical and, unfortunately, have a harder time getting and staying strategic. Business planning is a single event, usually tied to getting start-up funding needed to open the