How to Get Out of a Bad Business Partnership
If there is no Partnership Agreement in place, the process for getting out of a business partnership is fairly open. That also means that the price and terms are fully negotiable.
Can My Business Partner Lock Me Out of My Own Business? The Answer is
Is it legal for your partner to lock you out of your business? Maybe. But, even if legally possible, they had better have a very good reason or things could go very wrong for them.
What Is Trust in a Partnership?
The word “Trust” means different things to people on different sides of partnership tension. While trust may be at the heart of your issues, be careful about how you express it. It means something different to your partner.
If There Is Tension In Your Partnership You Must Do This
You are wise to seek out advice if you are feeling tension in your partnership. Lots of things can pull a business down, but the two biggest drags on a business are taxes and partnership problems. Both need to be treated seriously.
6 Steps to Fixing Business Partnership Tension—And They Work
Fix your business partnership issues using these 6 steps. Definition is the key to resolving most tension. Define roles, objectives, processes, and vision. Bringing clear definition into a partnership will fix your problems. I’m happy to discuss this with you in more depth.