5.1 Both parties agree that friendships cannot be one-sided. Friendships must be based on mutual interest and loyalty. If Friend #2 is a jolt, you`d better believe that the friend #1 will raise him and throw him directly into his friend`s #2. If you are going to an adult business with a friend, it should always start with a detailed business plan. The business plan helps you navigate through important details about your business so that you are able to evaluate them correctly. Among these details, there are things like: 10.1 If Friend #2 violates any end of this contract, that`s fine – friend #2 can go on and destroy the life of #1 friend as if his friendship meant nothing at all. Friend #1 agrees to be sad forever and never forgive Friend #2. Define the specific role each of you will play in the business. If one of the parties feels that the workload is unfair, it can weigh on friendship. Plan what a typical work day looks like and who is responsible for what tasks. Whenever you deposit cash, equipment or other physical assets at the company, document this, so that disagreements or misunderstandings do not undermine your relationship. The contract should specify how each of you will be paid and how much of your income will be donated to the company. Talk openly about potential problems that could have a negative impact on your friendship.
For example, if finances are tight and working hours are long, none of you should take time off. If your car is in the store, ask if it would be normal to use a company car for personal errands. Resentment can hurt the company and your friendship, so you discuss potential „hot topics“ when writing the contract to express mutual expectations. Friend #2 is free to discuss the terms of this contract with anyone. Friend #2, however, it is forbidden to introduce Friend #1 as „The Person of the Contract“ or „My friend who is quite strange to be friends“. Make sure your friendship is not on the road to make good decisions for your business. For example, if one of you likes to develop ideas but tends to postpone things, you include how you manage the day-to-day running of the business and list how tasks and responsibilities are assigned. Submit the paperwork to your local business authorization office if you enter into a partnership. The filing of documents formally establishes the partnership and gives it a more business-like feeling, instead of feeling that two friends are simply hanging together.