Business Partnership Advisor
Together, we can fix your business and partnership problems
Chris Reich, Business Luminary
Ask Your Business Partnership Questions
Why don’t you start a forum where were can ask general partnership questions? I think it would be popular.
A few people have asked for this: Set up a place where you can submit questions about your own partnership problems. I liked the idea so much, I did it!
See and ask questions about business partnership problems. Go Here
You can ask your questions without disclosing your identity.
Chris Reich, Business Partnership Mediation and Advice
General, Not Legal Advice to Help with Your Business Partnership
Obviously, I cannot get all the details for a single posted question so my advice is general and applicable to most similar situations. My position is generally try to work things out while improving the business or get you out of the partnership. Most of the time, things can be worked out if all parties make some effort.
Because I work as a mediator, moderator is a better term, I do not give legal advice. Asking a question doesn’t put us in a client relationship. While it’s always better to avoid legal disputes and to work things out between partners, I will recommend lawyers on occasion. Sometimes, court is the true last resort.
“Feel free to ask your business partnership questions. I’ll do my best to provide you with the answers you need. Remember! You can always arrange a free consultation. ~ Chris Reich”
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.