Joel

Thank you. Long-time listener, first-time caller.

Thank you. Long-time listener, first-time caller.

Thank you. Long-time listener, first-time caller.

So I'm looking to start a consulting business with a friend of mine. We've both been in the industry for over 20 years, and we're selling our businesses, and we're looking to form a consulting company. And I know you don't, and I don't want it to be a partnership, so wondering how else we could structure it That could be a win-win for both of us.

So I'm looking to start a consulting business with a friend of mine. We've both been in the industry for over 20 years, and we're selling our businesses, and we're looking to form a consulting company. And I know you don't, and I don't want it to be a partnership, so wondering how else we could structure it That could be a win-win for both of us.

So I'm looking to start a consulting business with a friend of mine. We've both been in the industry for over 20 years, and we're selling our businesses, and we're looking to form a consulting company. And I know you don't, and I don't want it to be a partnership, so wondering how else we could structure it That could be a win-win for both of us.

We have similar views on things, and he has some skill sets that are different than mine, so I think we could make a good team, but I wondered how we could structure it without it being a partnership.

We have similar views on things, and he has some skill sets that are different than mine, so I think we could make a good team, but I wondered how we could structure it without it being a partnership.

We have similar views on things, and he has some skill sets that are different than mine, so I think we could make a good team, but I wondered how we could structure it without it being a partnership.

Probably, I would say, probably 85% to 90% would be both of us. There would be a few cases where his skill set would be the only thing needed, and he would be doing it, and a few that I could handle on my own. But most of them would be a joint effort.

Probably, I would say, probably 85% to 90% would be both of us. There would be a few cases where his skill set would be the only thing needed, and he would be doing it, and a few that I could handle on my own. But most of them would be a joint effort.

Probably, I would say, probably 85% to 90% would be both of us. There would be a few cases where his skill set would be the only thing needed, and he would be doing it, and a few that I could handle on my own. But most of them would be a joint effort.

Okay, I'd thought about that.

Okay, I'd thought about that.

Okay, I'd thought about that.

So maybe a scenario would be say, if I say, okay, you, you know, Jen, you're, you're more dominant. You, you've got a better vision of what we're, where we're going. So you start the LLC and, We work together. We still do a 50-50 split on that, but you're going to be the one.

So maybe a scenario would be say, if I say, okay, you, you know, Jen, you're, you're more dominant. You, you've got a better vision of what we're, where we're going. So you start the LLC and, We work together. We still do a 50-50 split on that, but you're going to be the one.

So maybe a scenario would be say, if I say, okay, you, you know, Jen, you're, you're more dominant. You, you've got a better vision of what we're, where we're going. So you start the LLC and, We work together. We still do a 50-50 split on that, but you're going to be the one.

Well, that's unfortunate. Yeah.

Well, that's unfortunate. Yeah.