Business Partnership Advisor
Together, we can fix your business and partnership problems
Chris Reich, Business Luminary
About Documenting Partnership Expectations
Many partnership disputes begin around expectations not being met. But were they ever defined in the first place?
Call Chris Reich for Help Defining Your Partnership Expectations
If you need a moderator to help guide you through a couple of discussions about your expectations with your business partner, call Chris Reich, Business Mediator.
“I’m here to assist you with all your partnership issues. Don’t wait until the tension gets so high that talking becomes impossible. Call today and you’ll be on the way to a better working partnership.”
When the business partnership breaks down, the darker sides of the personalities come through. A dominant partner turns into a bully. A person who does not do well with conflict will withdraw. As the bully gets more aggressive, the pacifist withdraws further. Eventually, the bully gets so angry they are ready to lock the other partner out. The pacifist quits coming in. The next blowout is over money. The course is as logically predictable as what will happen to your car if you hit the highway with no oil in the engine. It will get louder and louder until the engine seizes.
I recommend that partners talk through a specific issue and then draft an agreement (called a resolution) that sets a policy. You can keep this in a binder to serve as amendments (or foundation) to your Partnership Agreement. In this post I’ll explain how to talk about things that bug you with your partner and how to draft a binding resolution to fix the problems.
Unless you are in some sort of political business, you should keep politics out of your establishment completely. Of course, you have freedom of speech, but we are in very contentious times and displays of political or religious positions might be off-putting to to your customers.