Sentences with phrase «if your business partner»

Guidant CEO and Cofounder, David Nilssen discusses his relationship with President and Cofounder, Jeremey Ames and provides some helpful tips on deciding if a business partner is a good fit for you in our most recent Small Business Success Series video.

If my business partner purchases a home and I move in with him, presumably the money I'd give him to help out with his mortgage would be considered rent, and so he'd have to pay taxes on rent income.

Finally, it can be helpful if the business partners can agree in advance on a method or expert for business valuation.

For instance, if your business partner has been indicted for fraud and you schedule a vacation during his trial, it's foreseeable that you'll be subpoenaed and have to cancel your trip.

If your business partners would suffer a financial loss in the event of your passing, an insurance policy to protect your business partners from this unforeseen loss would be considered a «key - man» policy.

If your business partner dies, a life insurance policy can guarantee that cash will be available to fulfill the terms of your buy - sell agreement.

In fact, if your business partner passed away, then your business could end up having to shut down because of the financial strain that it would put on you and the company.

So, what happens if your business partner wakes up dead today?

If your business partner is your spouse, it can get even more challenging.

Not exact matches

Knowing what to say and who you want to say it to is key I think if you are tweeting to potential business partners, customers, etc..

Conflict can arise if two business partners approach their work in a different way, or have different personalities.

Now, she's more selective, and advises other business owners not to settle — especially if your brand or your beliefs don't mesh with a potential corporate partner.

Having a business partner effectively doubles the firm's manpower, which can be invaluable if you can not afford to pay staff.

Discuss with your partner if you will be able to continue to work together and keep the business going.

At the same time, if you are a startup looking to find evangelists or partners for your business, then a coworking space provides an opportunity to do so.

Similar to a marriage, a business relationship will not prosper if the partners are constantly at odds over values or even over basic working styles.

For example, if you commit to your partner that Friday night is date night, you have to enforce the boundaries of your business creeping into your Friday nights.

If he owns your place of business, he'll soon become like an unwanted partner taking the lion's share of the profits.

If you really don't want to learn how to code and would rather focus on getting the business off the ground, look for a team or a development partner that has experience in working with first - time non-technical entrepreneurs.

No less significant, Zenefits offers its software absolutely free to business customers, generating revenue by claiming commissions from its benefits provider partners — e.g., health insurance carriers — if the customer chooses to manage its benefits program through the Zenefits platform.

Solution: Make a list of potential channel partners before you start your business and ask them if they're willing or able to send business your way.

Obviously, a business partner or mentor could also work but might may fall victim to the same fallacies — especially if he or she gets trapped in the day - to - day needs of running the business.

The desires, demands and interests of consumers and customers, partners and vendors, and even regulators and government agencies continue to grow and accelerate and if your focus on an everyday basis isn't on how fast your business is getting faster, you'll be out of business soon enough.

Bump: If you've ever wanted a quick way to exchange contact information, documents, photos or other files with colleagues and business partners, Bump can help you do it.

You could be highly motivated and 100 percent committed to your business, but if a single co-founder, partner or team member doesn't share your same enthusiasm and commitment to excellence, you will never make it to the finish line.

«Treat this process as if you were looking for a long - term business partner,» he suggests.

You might suggest keeping your business solely with a partner for 12 months, or, if the partner is unwilling, consider performance - based exclusivity.

If you have a business partner, that person will also be expected to temporarily relocate.

Be cautious about partnering with family or good friends, and if you do, have the understanding that business decisions are not personal.

If you bring a spouse or partner who doesn't have a business reason to be with you, legally you can only deduct the cost of the room you would pay for if traveling alonIf you bring a spouse or partner who doesn't have a business reason to be with you, legally you can only deduct the cost of the room you would pay for if traveling alonif traveling alone.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

When a company sends a business partner an e-mail or file, it gives the partner implicit permission to copy, forward or otherwise use the information as the partner sees fit, even if the material was originally encrypted, according to Heiser, the Gartner analyst.

Filing dissolution papers is especially important if you have partners or other owners in the business, as it prevents future confusion about ownership and liability.

«If a business doesn't have the resources to raise capital when it needs to, manage tax situations effectively, or execute increasingly complex accounting issues [such as] revenue recognition, then they could run into some serious problems,» explains Calvin L. Hackeman, a partner at Grant Thornton LLP, a large accounting firm in Chicago that serves both small and midsized businesses.

But before Zuckerberg finally hired Sandberg away from Google to be his COO, they spent three months figuring out if they would be the right business partners.

If you need more time to file your taxes for your business or personal life, Entrepreneur Network partner Mark Kohler can walk you through the basics.

We've partnered with the Lowe's store down the street from you — I'm not sure if you're looking to take on more business, but we have a way for you to discover some more insights about your business and meet homeowners who could use your services.»

However, if that same person was a partner in an unincorporated firm to which she had contributed 10 percent of the company's capital, she might be eligible to receive more than 10 percent of the business's profits if such an agreement had been made with the other partners.

For other businesses, the major banks are either key partners or reluctant to lend, particularly if it's a small enterprise.

If your business can't survive a few months without your having a partner, perhaps your business has more serious problems.

If you work best at midnight, but you need to be able to contact customers or key business partners during normal working hours, it may be difficult.

«If you're a small business, it's smart to partner with a larger hosting site.

The post is packed with a dozen solid tips and is absolutely worth a read in full if your better half is starting a business (founders feel free to forward to your partner).

«While an extra expense initially, if you find the right partner, they will not only save you money and time in the long term, but they will generate a lot more business for you,» says Foox.

If your Watson - powered startup shows promise, it becomes a «partner,» often via a quasi-incubator model, and enjoys access to IBM business and technology advisers — and a shot at a capital infusion from the $ 100 million IBM is making available to Watson startups, like those featured here.

If you announce a deal too soon, you're basically begging for a quick rip - off with the same business model and plenty of available funding, explains Walter Kortschak, of the Silicon Valley office of investment firm Summit Partners.

She called her former business partner, attorney Andrew Sussman, and asked him if he thought the idea was viable and if so, would he help run this company.

If things aren't working out in your current business (like a partner embezzles more than the company can withstand), don't hold on if it doesn't make sensIf things aren't working out in your current business (like a partner embezzles more than the company can withstand), don't hold on if it doesn't make sensif it doesn't make sense.

«If we set up a partnership on a handshake and agree to split the business 70 - 30, and we then have a falling out because you think you are working harder than I am and deserve a bigger share of the profits, the law may say we are 50 - 50 partners unless we can clearly document in writing, for example a signed Form 1065, our intent to create an unequal split,» Ennico says.

If you are starting a family business with your partner, that plays a huge part in culture and morale as well.