Do I Really Need a Contract When Partnering With a Friend?

Have you considered going into business with a friend?
Whether you are creating a long-term business partnership or just doing a one-off joint venture project, you may be wondering if you should be creating a contract between you and your friend.
In this video, I'll tell you how to handle doing business with your friends to ensure the friendship lasts even if the business doesn't. Check it out!
[youtube width=”640″ height=”360″]http://www.youtube.com/watch?v=VK8LtwXLVjA[/youtube]
[If you're viewing this via email, see the video here: http://bit.ly/yM4z4Q.]
So what do you think? Are contracts with friend's silly or strategic? Use the comments to tell me how you plan to deal with this issue in your own business.

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