#2 Rule : Business Partnership.
When working with another person it is highly recommended to employ the services of an accountant, a lawyer, and any other professional who offers proffessional services to small business owners. Don't try to be frugal and try to balance the books on your own, hire an accountant. An unbiased trained certified proffessional accountant will be worth the time and the money.
#Refrain from wearing too many hats#