COVID-19 Update: Beaird Harris has shifted a significant number of our team members to work remotely.
We continue to serve and care for our clients, just as we always have, and are available by phone, video or email.
Beaird Harris will be closed on Friday, July 3rd in observance of the Independence Day holiday.
Childhood buddies Ben Cohen and Jerry Greenfield came from humble beginnings. They invested in a $5 correspondence course in ice cream making from Penn State University and $12,000 in cash and opened their first ice cream shop in a renovated gas station in Burlington, Vermont in 1978.
Twenty-two years later they sold their company, Ben and Jerry’s Homemade, to multinational food giant Unilever for $326 million.
Ben and Jerry proved that friends can be successful business partners and build a wildly successful business that boasts a worldwide brand.
But for every Ben and Jerry success story about friends going into business together, there are stories where the opposite occurred with the business going belly-up.
As John D. Rockefeller opined, “A friendship founded on business is a good deal better than a business founded on friendship.”
Here are several questions to consider before asking a friend to join your new venture.
As always, should you have any questions or concerns regarding your tax situation please feel free to call.
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