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You and a family member are considering starting a business together. You are considering a limited liability company. What should you discuss with your partner

You and a family member are considering starting a business together. You are considering a limited liability company. What should you discuss with your partner before entering into this business arrangement? Assume that you will have a very detailed conversation about your mutual expectations, your business goals, and your respective roles in the business. Is this the appropriate form of business organization and what are the most important things that you believe need to be addressed and agreement upon prior to forming the business? Please explain why these are important to you.

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