Money and management aren’t the same thing. Lauren Fernandez explains how to define operating roles, accountability, and partnership structure from day one.

Takeaways:

• Clarify responsibilities and job titles inside your partnership
• Distinguish between passive investors and operational partners
• Document reporting lines, hiring authority, and accountability systems

Want to connect directly with industry thought leaders like today’s guest? MAJC has built a community of hospitality professionals, where insights and tools help drive sustainable, profitable businesses. To get early access to the MAJC community, sign up at www.MAJC.ai.