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re: Partnership bank account
Posted on 7/30/15 at 2:21 pm to gamemc
Posted on 7/30/15 at 2:21 pm to gamemc
here's a simple checklist:
llc paperwork
tax id number
bank account
someone who is in control of the money ( cpa / controller ) so you know exactly how much money you have at all times and how long you can live on that money
if there is any chance of this turning into a larger gig, discuss equity split now and get it out of the way. one of you will be doing more work than the other for sure and you don't want to build up resentment with your buddy.
have buddy time and business time and don't mix them unless you guys have been through some shite before and can handle stress as a team.
good luck :D
llc paperwork
tax id number
bank account
someone who is in control of the money ( cpa / controller ) so you know exactly how much money you have at all times and how long you can live on that money
if there is any chance of this turning into a larger gig, discuss equity split now and get it out of the way. one of you will be doing more work than the other for sure and you don't want to build up resentment with your buddy.
have buddy time and business time and don't mix them unless you guys have been through some shite before and can handle stress as a team.
good luck :D
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