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”
Partners in a business partnership, other than limited partners, have legal obligations to the partnership that are called the Fiduciary Partnership Duties. In this post, we’ll look at these duties and, hopefully, clarify what they mean.
Many people are trying to work out new arrangements with their business partner but find themselves in bad place on the calendar. Despite both parties agreeing to a change, it could take months to worth out the terms. Don’t worry.
This might surprise you. Compensation does not have to be equal in a 50-50 partnership. You can, in fact, do anything you want as long as it’s agreeable with your partner or partners. Read on!
When business partnerships go bad, very often someone wants out. That starts one of two possible processes. The business enters Wind Down and begins the process of closing or the partners start discussing a Buyout.