Hey so me and a partner recently bought a physical store ( at the moment we are 50/50) & want to split it into 3 with another partner (33% each). What are the steps to doing this?
Hey so me and a partner recently bought a physical store ( at the moment we are 50/50) & want to split it into 3 with another partner (33% each). What are the steps to doing this?
The operating agreement you created when you formed the business will detail who has what percentage of the business.
You’ll need to adjust that and possibly some Fed/State/County registration documents.