Business Partnership Advisor

Together, we can fix your business and partnership problems

Chris Reich, Business Luminary

4 Things To Do if There is Tension in Your Business Partnership

Here Are 4 Things to Do if There is Tension in Your Partnership

#1  Start Taking Notes

Write done the things that bug you and add tension to the partnership. Be sure to add specifics such as amounts, if involving money, names, and dates. If the problems are serious or potentially criminal, those notes could be helpful later.

When stress levels go up our thinking gets clouded. Keeping notes will help you clarify your position if a third party is called.

#2  Get a Partnership Agreement!

If you don’t have a partnership agreement, get one before the tension prevents you from talking freely with your business partner.  Once the tension rises, it’s nearly impossible to talk calmly about a buyout. A good Partnership Agreement defines the terms if a partner needs out of the partnership. Read more about getting a Partnership Agreement

These 4 steps can help you get mental clarity if there is tension in your business partnership.

Tension in Your Business Partnership

Here are 4 steps to lower your stress if there is tension in your partnership.

Article by Chris Reich, Business Partnership Mediator

#3  Get an Outside Perspective

Talk with a business mediator or moderator like me. I help people get past the tension that is bound to arise in every partnership. You will be surprised at how much better you’ll feel after talking about your partnership. You’re not alone.

As stress rises, we get angrier inside. If that leads to a blowout, your business could suffer. If you end up in court, the process will be very expensive. Why risk losing an expensive fight when you can work things out calmly for a fraction of the cost and get far more benefits?

#4  Talk with Your Partner About 3rd Party Moderation

If your partner will work with an independent, neutral 3rd party, you will have a very good chance of reaching a very satisfactory resolution. Rather than a mediator, I call myself a moderator. I moderate the tension and conduct calm, civil dialogues with all partners.

The process works. Ask your partner about her willingness to work with outside expertise. It’s no secret that once all parties are talking, they will probably be able to work things out if they get good guidance as part of the mediation process.

Chris Reich
(530) 467-5690

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“Tension in your business partnership? Take these 4 steps immediately.”

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THe time it takes to mediate an agreement between business partners is not up to the mediator.

How Long Does Business Mediation Take?

The amount of time needed to work out an agreement is in the hands of the disputing partners. We could talk a few minutes about options and reach agreement. But that never happens.

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Ultimatums Kill the Chance of Reaching Agreement Between Partners

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We need to deal with the partner we have, not the imaginary one we wish we had.

The Partner You Have or the Partner You Wish You Had

We often form partnerships because of the way the relationship works. One person wants to be in charge and the other is fine with that. Then something comes up and the expectations cause tension. We have to deal with the partner we have, not the one we wish we had.

Part 2 of Things You Need to Know About Partnership Buyouts

Things to Know About Partnership Buyouts— Part 2

Here are more things you need to know if you are opening buyout talks with your business partner.