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July 1, 2025 โ€ข 28 mins

In Part 2 of this two-part series, Business SOS! host and attorney Rich Sierra continues breaking down the most common mistakes entrepreneurs make when forming partnerships.

This episode dives into the final five mistakes, including failing to create an exit strategy, ignoring tax consequences, and not planning for potential partner disputes. Rich also shares insights on liability exposure, intellectual property rights, and how to proactively avoid internal conflict. If you're entering into or currently in a business partnership, these practical tips are essential to safeguard your business's future.

Make smarter decisions, avoid legal drama, and strengthen your business relationships with the knowledge from this episode.

๐Ÿ”” Be sure to follow the podcast and check out Part 1 if you havenโ€™t already!

How to Contact Rich Sierra:

๐Ÿ“ง Email: Rich@RichSierra.com

๐ŸŒ Website: FloridaSmallBusinessLegalCenter.com

๐Ÿ“ฑ Facebook: @FSBLEGAL

๐Ÿ“บ YouTube: @RichardSierra

๐Ÿฆ Twitter/X: @Rich_Sierra

๐Ÿ“ธ Instagram: @FSBLEGAL

๐Ÿ’ผ Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

๐Ÿ“˜ Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them is available on Amazon, Barnes & Noble, or ask for it at your local bookstore.


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