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- 5) Alright, Thank you.
- 1) Hey Jacob, did you remember when i told you about being interested about starting a business?
- 3) Well, i was just wondering if you could tell me about starting a business.
- 4) Of course, why don't we meet out tomorrow to talk about it?
- 2) Yea! what can I do to help about it?
- 3) Yes, i was thinking of doing a retail business, with which I'm still deciding if i want to do it with someone, like a partnership.
- 4) Now not only would I want to create a store, I also want to build a website to sell my product online.
- 6) That's a good idea.
- 2) So let's get into it, about the different types of business, there are four type. The manufacturing, retail, service and franchise.
- 5) Well i think that since you're just thinking of starting a business, you could look into having a Brick-and-Mortar.
- 1) Hey Hailey, come in.
- 2) what would this agreement contain of?
- 4) Yes of course, contracts are always needed in this these businesses.
- 3) This agreement will contain the terms of what the purpose of your business is, the parts in which you contribute, and your voting rightsregrading your ideas for your business.
- 1) Now let's talk about the components of having a partnership. First, there's this thing called Partnership Agreement. This is basically a contract between you two.
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