In the process of launching a retail business. So far, I have done all the paperwork, research, marketing, accounting, social media/account setup and paid for all the inventory and supplies. My co-founder seemed to really want this business until we actually got started. She’s on the LLC with me, but now the state is saying she has an issue with back taxes and we may need a bond.
If I’m looking at this from an unemotional perspective, I’m thinking I should dissolve it and go in a new direction with the inventory and supplies I have. On the other hand, she has a lot of great ideas and marketing experience and has done really well on other businesses she’s dedicated time to. She has two other projects going on right now and I know she’s stressed about time, but I also have a full-time job and two other side hustles and I’m balancing them all.
Do I walk away?
Why not have her step down from her LLC membership, as her IRS problems are now your businesses problems; and you definitly don’t need that at a new company.
Then have her just be a 1099 contractor or employee; and she can do all of the same stuff, maybe even the same title.
How fundamental was she in the initial stage. Did she come up with the idea or was instrumental in it? Otherwise I agree with the above.
2statutory
… [Trackback]
[…] There you will find 68561 more Information to that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Read More here to that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Find More on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Read More on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] There you will find 2138 more Information to that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Here you will find 20080 more Info on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Find More on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Find More Information here on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Find More Info here on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Info on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Read More here to that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Find More Info here on that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]
… [Trackback]
[…] Info to that Topic: startupsanonymous.com/question/how-do-i-get-my-business-partner-to-get-on-board/ […]