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Is the first business that you two opened up together incorporated?
Also, what is it exactly which you need a co-signer for?
it would be a sister company, so oficially not part of it, but it would be a play on the name so we can expand on the same client base we already have.
I do not have any share or part of the current business, I thought i was working towards that but now she changed her mind, and as a solution the new venture was her suggestion.
The LLc would be in my name and the lease of the place would be in my name(with another co signer who would be a silent only on paper partner, and she would be the physical partner, just not legally.
That was not what i was saying with the new LLC taking over the operations of the old company, however, Is that possible?
Is there any way that we can protect the old business from becoming half her husbands?
I case we do as you mention (new LLC taker over operations) can we protect our selves?
the actual question was how I protect my self from becoming part of their family drama by signing a company that's somewhat linked to the old company.
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