Episode Details

Burned by 2 acquisitions he did with partners, Jeff Evenson insists on these protections when partnering-up to buy a biz. 

Topics in Jeff Evenson’s interview:

• Buying a salon with his wife
• Losing the salon in his divorce
• Partnering with a friend to buy a machine shop
• Dissolving the partnership with his friend 
• The value of a “shootout” clause
• The 4 D’s that can end a partnership
• Why equity and time investment are not the same thing
• Essential clauses for your partnership contract
• The power of a “same-page meeting”
• Life changes you should prepare for

Links and how to contact Jeff:

• jeffrey.n.evenson@gmail.com 
• Twitter
• LinkedIn

Get a complementary pre-acquisition HR & PEO review for your target business:

• Contact mark@aspenhr.com or visit Aspen HR

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel 
• Connect with host Will Smith on LinkedIn 
• Follow Will on Twitter