The Writing’s On The Wall (Unless you get it in writing)

“‘The writing on the wall’- an idiom, is a portent of doom or misfortune. It originates in the Biblical book of Daniel—where supernatural writing foretells the demise of the Babylonian Empire” – Wikipedia

I’ve never known any business venture (in my admittedly rather young career but nonetheless) to at some point not struggle when the ground rules are not put in writing.

People change.  People leave.  People forget.

However painful it may seem to put contracts and written agreements in place in your 2-man operation, you’ll be grateful later when one wants out and suddenly a whole host of problems arise.  Who owns what?  Who works for whom?  Who worked harder, longer, more often and is there such thing as ‘sweat equity’ in our agreement?

It may seem laborious now, but when the writing is on the wall for you and your business partner, your business, your boss, your suppliers, your landlord, and all the copious other relationships that can go awry, you’ll be thankful you got it in writing.

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