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The Two Biggest Money Problems That Can Ruin a Business Partnership

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This story appears in the March 2015 issue of Entrepreneur. Subscribe »

The day you enter into a business partnership is much like the day you say “I do.” Both events create a contractual relationship that can be extremely costly to untangle, and most do need to be untangled. 

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San Diego-based attorney Robert J. Steinberger says 80 percent of business alliances fail for one of two reasons: “They are undercapitalized, or the parties involved cannot agree on how to run the business, including issues around money.”

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