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.”
Let’s look at how to plan for the next generation of your family to run your business. It’s never too early to make a succession plan and the earlier you start, the more options you have.
How do I get out of my partnership? And, it’s the biggest reason I am always ranting about having a Partnership Agreement. Without a Partnership Agreement, your options are very limited. You accept anything your partner is willing to give you, or you can dissolve the business.
Somebody puts up money with someone who agrees to contribute labor as their contribution to an equal Partnership. Once things are set up, and a lot of money is spent, the other Partner fails to perform, and the troubles begin. I get 2-3 calls like this every week.
Partners take advantage of partners every day and they get away with it. It is the most painful call I get. It sounds like this, “I put all the money I had into starting our business. My partner had bad credit and no money, but he promised to do all the work to get the business going.