No. Irrespective of how close your relationship is now, going into business with a family member, or a friend, has the potential to change things - sometimes for the better, but sometimes for the worse. Our corporate solicitors will help put in place the right agreement for your business. Typical terms should cover how the two of you are to make business decisions, how you are to be paid, and what should happen if things do not work out.
By having an agreement in place at the very beginning, you will be getting off on the right footing, creating certainty, and ultimately standing your business in good stead to succeed.