The Australian couple had set up their company, Shoes of Prey, in Sydney in 2009, three years after they had married in their early 20s.
http://www.bbc.com/news/business-36321205
This article was suggested by our mentor Julien Cahn
Partnerships
Is it wise to borrow from family or friends for your business?
Borrowing from family or friends is increasingly common these days and with interest rates at historic lows, there are cashed-up individuals looking to lend to and/or take equity positions in businesses owned and managed by people they know and trust. But is borrowing from family or friends really a good idea? The following article describes some of the issues that can arise and how to deal with them: http://www.smartcompany.com.au/finance/is-it-wise-to-borrow-from-family-or-friends-for-your-business/
This article was suggested by our mentor Bob Joubert
Creating a business pre-nup
Businesses with two or more co-founders bring twice the skills, time and passion to launch and grow an enterprise. But co-founder disputes occur relatively frequently. The following article describes why it is important to have a shareholder agreement in place: http://www.smh.com.au/small-business/finance/creating-a-business-prenup-20140414-36mxg.html
This article was suggested by our mentor Mark Waite
The best partnership agreements start at the end
In all the excitement of starting a new business, sometimes the structure of the business itself can become secondary to the rush to create the product or service. The following article provides some good advice to anyone looking to create a business venture with other people: http://nzbusiness.co.nz/articles/best-partnership-agreements-start-end
This article was suggested by our mentor Julie Piper
Success with the right partnership
Many have concerns when it comes to entering a business partnership. Will the other person have the same ideas? What happens when colliding opinions come up? Will money cause friction? These are but a sample of the questions running through the mind, to be sure, but they’re often amplified when that business partner is a family member, or the other half. Read five bits of advice Janet and Dimitri Taifalos would offer other couples who are wanting to embark on a business endeavour together: Success with the right partner
This article was suggested by our mentor Julien Cahn