Both getting a divorce and business ownership can complicated endeavors, but when they are combined it can be a markedly complex situation. A business is considered an asset and therefore may be communal martial property, whether or not the spouse is actually the legal owner. In some instances, an ex-spouse of a business owner will be entitled to 50% of the business despite not exerting anywhere near the amount of time and energy. 

Smart business partnerships can significantly strengthen one's business structure. The benefits are numerous, including the financial benefit of sharing any down payment requirements, which is no small matter. Below are four key matters to consider.

If a business owner is looking to sell his or her business but is concerned about the well-being of the company and its reputation post-closing, then a management buyout (MBO) may be a beneficial type of acquisition to consider. A management buyout highly incentivizes the buyers to put full efforts into the company, so that they may directly benefit from the cash flow.