A business works on the exchange of cash or other valuable items for a service or item of perceived value. And the people who work in and on your business are there because of a similar exchange based on the sense of the val…
In order to have a business, you must have it on paper. If you are starting off your business with no documentation, you are just creating a very labor-intensive hobby.
Define the roles of everyone involved with your business early, and their escape clauses if necessary and needed. Assume both, especially if you are working with friends and family.
