Q. My friend and I are starting a business together. We have been planning for the last year and are now in the final stages of preparation. Our (life) partners are enthusiastic about our plans, but I'm concerned that my business partner's relationship doesn't seem very stable. I worry about what would happen to the business financially if they broke up. I also worry about our IP – his partner knows a lot about our business. We all work in the same small industry and competitive advantage is everything. I don't want to upset everyone before we've even started,

How your relationships affect your business


Contracting out agreement


Buy-sell agreement


Next steps