December 2007

Amy has the experience and connections. Betty has the money. Together they open a little shop. The grand opening of A&B is a dream come true. They have properly incorporated, hired a CPA, drafted a business plan, carefully selected employees, obtained insurance, and got a great deal with suppliers. When the honeymoon is over and the real work of developing a small business begins, Betty the minority shareholder is ignored or worse. Amy, the majority shareholder, runs the store on a day to day basis but does not keep good […]