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Mantus, any business relationship needs to begin with a legal written document. See an attorney to advise you of the best organizational entity to enter into with your partners. As an alternative you can have a CPA set up your business legally that meets taxation requirements.
I cannot stress enough that you DO NOT want to go into a casual business agreement with your friends. I promise you that you will not be friends for long when the business is in a "down" vs. and "up". I don't wish to rain on your idea. I am just sharing my own experience.
Good Luck!
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