Who Actually Owns Your Business?
A wellness studio was booming—until one partner wanted out. No documents were signed. No rules were agreed upon. Suddenly, everything fell apart. Another studio had the same challenge… but solved it in 24 hours. The difference? One piece of paper.
Why This Happens
Most health and wellness entrepreneurs focus on growth, not legal structure. You trust your partner, open your doors, and keep going—without ever defining who owns what, or what happens if someone leaves.
How It Gets Messy
When your co-owner quits or your business hits a conflict, the law assumes 50/50 ownership—even if your time, money, or energy was nowhere near equal. Without a signed agreement, you have no legal advantage.
What Could’ve Prevented It
A clear operating or shareholder agreement tailored to wellness businesses. One that defines ownership, payout rules, exit strategies, and dispute resolution—so you can grow your brand without legal chaos.
Key Takeaways
✔️ No legal documents = no ownership control
✔️ The law defaults to 50/50—no matter what you contributed
✔️ Partnership exits without documents cost thousands
✔️ A customized agreement gives clarity, control, and peace of mind
🎧 Don’t just build your wellness business. Protect it. Press play now.