Going into Business with Your Family and Friends

Going into Business with Your Family and Friends


Going into Business With Your Family and Friends (Expensive Mistakes you Easily Can Avoid) is an online presentation hosted by AustinUP, featuring Laura Fowler and Terry Belt of The Fowler Law Firm. They will speak frankly to older adults who are contemplating business ownership or currently own or manage a business. Whether you are starting your first business, being invited into ownership, or looking to groom successors or investors, this presentation is straight talk about how to avoid expensive mistakes. For example:

  • Do Not permit younger family members or friends to be designated as a successor in your business or estate before you really have observed them running your business or managing your investments.
  • Do Not fall in love with the wrong person without protecting yourself. Did you know that Texas is a spontaneous common law ( informal) marriage state? Do you know what to do to protect yourself in your business ownership interests and personal assets you pledge to that entity?
  • Do Not start up a business with family or friends who have debt or spending issues, even if they assure you they have seen the error of their ways.

A few facts about the advantages of operating a business in Texas compared to other states will be provided as well.

Interested in attending? Please RSVP via this Eventbrite form.

Huge thanks to our sponsor AARP Texas for their support of our job-related programming.

Location: Online
Date: April 8, 2021
Duration: 1 Day
Time: 2-3 p.m.