Accountants Advising On Ownership Structure

An Accountant based in Atlanta, Georgia provided valuable advice to a new Client who was starting a kitchen design business with a business partner.

The Client asked whether they should be 50/50 owners, or if one partner should own a majority share.

Here's how the Accountant explained the issues... an approach which gained the trust of the Client and led to a long-term, lucrative advisory relationship.

What is the advisory challenge?

Owning a business 50/50 versus having one majority partner (e.g. 51/49) has both advantages and disadvantages.

Accountants can provide valuable advice to help Clients decide on this important point.

What are Features of a 50/50 Structure?