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I need a few opinions my husband is in a dj business with his sister and brother n law they told him its a partnership and a family business they bought all the equipment they didn't tell my husband to buy anything really but a few minor things but they said that its still a partnership even though now when they set up appointments it must go through his sister because she is suppose to be the Secretary and all she does is make the appointments no carrying heavy equipment, djing and he cannot give no prices or deals to anyone but they can to whoever did them a favor he doesnot know what is discussed when it comes to pricing all he knows what music to play and when appointments are made he told last minute every decisions is made with the sister and her husband if money is collected it must be given to them before my husband gets his part and the money is split three ways instead of two my husband is thinking about branching out on his own but does not know how to tell them this without tension in the family we don't know how to separate and keep it ok. No it's not incoparated yet it will be this year.
IS THIS A PARTNERSHIP?
What does the paperwork say when the business was registered? If the business is not registered, I would tell your husband to back out now and cut all losses. You can get into huge legal trouble for not registering a business the proper way.
Answer by JeremysMom at 12:13 PM on Dec. 24, 2012
Answer by futurebabykar at 12:13 PM on Dec. 24, 2012
It's nothing unless it's Incorporated or on paper in some way legally. He should start his own business.
Answer by ILovemyPaulie at 12:17 PM on Dec. 24, 2012
Answer by QuinnMae at 12:17 PM on Dec. 24, 2012
Answer by feralxat at 12:19 PM on Dec. 24, 2012
Answer by gdiamante at 5:57 PM on Dec. 24, 2012
Answer by tasches at 7:29 PM on Dec. 28, 2012