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When Bob and Carol and Ted and Alice Go Into Business Together

by Cliff Ennico

"I run a fairly successful marketing consulting business. My husband and I are thinking about entering into an agreement with a client of mine who wanted to hire me for a new project then realized he could not afford my fees once the market collapsed. I have done a lot of research and found this project to be quite profitable. So we proposed to him to start business together. He said we could 'tag on' to his business as an additional limited liability company (LLC), with the two couples ...

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