Partnership and General Business Advice by Chris Reich

Partnership Advice and Business Improvement Tips
by Chris Reich, TeachU

These articles are here for you to use freely. Share them with your business partners and employees. You are free use business tips in newsletters or your own blog posts. All I ask is that you cite the source as Chris Reich, TeachU.com. (A link would be GREAT!)

I spend the time to produce these tips to help people in business. Feel free to send me your thoughts: Chris@TeachU.com.

5 Tips for Successful Buyout Negotiations

5 Tips for Successful Buyout Negotiations

My business partner and I can no longer work together. We’ve tried to talk about a buyout—I want to buy him out—but it always leads to an argument. Do you have any suggestions for conducting buyout talks that don’t turn into an argument? Read these tips to conduct Buyout negotiations without tension.

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5 Red Flags That Say Your Business Partnership is in Trouble

5 Red Flags That Say Your Business Partnership is in Trouble

Business partnerships can be a fantastic way to pool resources and knowledge in order to create a successful enterprise. However, even the most well-intentioned partnerships can break down if certain warning signs are ignored. In this post, I will point out the 5 red flags that should never be ignored when you see them in your business partnership and provide you with guidance on how to deal with them.

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Plan for the Day a Partner Wants to Leave the Business

Plan for the Day a Partner Wants to Leave the Business

If you have read my other posts, you know I strongly encourage people who form Partnerships to create a Partnership Agreement. The document must specify how a Partner can leave the Partnership voluntarily while ensuring that the business is protected from two potential disasters: firstly, by avoiding terms that could bankrupt the business, and secondly, by preventing the admission of unplanned Partners.

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7 Reasons to Be Extra Nice in a Partnership Mediation

7 Reasons to Be Extra Nice in a Partnership Mediation

When partners seek mediation to resolve conflicts or disputes, it is important that they approach the process with a civil and respectful attitude. Partnership mediation is a non-adversarial way of resolving disputes, and it requires cooperation and collaboration from both parties.

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How to Escape Your Business Partnership

How to Escape Your Business Partnership

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.

read more
How to Get Out of a Partnership LLC

How to Get Out of a Partnership LLC

While it seems like it should be very easy to get out of an LLC, it can be complicated. Even if the business is very small, there are considerations beyond getting your money back. In this post, I’ll try to hit the important points of getting out of an LLC Partnership. These same items apply if you want to remove a member from your LLC too.

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Business Mediator Can See Around Corners to Help You

Business Mediator Can See Around Corners to Help You

Sometimes people will intentionally make an effort to trigger anger, frustration, or irrational behavior. As a Business Partnership Mediator, I see this behavior often and can help calm things down so we can have a rational discussion toward resolution. Seeing ahead is a super-power! I can see where the problems are and the best possible outcome.

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Most Popular Posts

How to Escape Your Business Partnership

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.

read more

How to Get Out of a Partnership LLC

While it seems like it should be very easy to get out of an LLC, it can be complicated. Even if the business is very small, there are considerations beyond getting your money back. In this post, I’ll try to hit the important points of getting out of an LLC Partnership. These same items apply if you want to remove a member from your LLC too.

read more

Recommended Reading

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5 Tips for Successful Buyout Negotiations

5 Tips for Successful Buyout Negotiations

My business partner and I can no longer work together. We’ve tried to talk about a buyout—I want to buy him out—but it always leads to an argument. Do you have any suggestions for conducting buyout talks that don’t turn into an argument? Read these tips to conduct Buyout negotiations without tension.

read more
5 Red Flags That Say Your Business Partnership is in Trouble

5 Red Flags That Say Your Business Partnership is in Trouble

Business partnerships can be a fantastic way to pool resources and knowledge in order to create a successful enterprise. However, even the most well-intentioned partnerships can break down if certain warning signs are ignored. In this post, I will point out the 5 red flags that should never be ignored when you see them in your business partnership and provide you with guidance on how to deal with them.

read more
Plan for the Day a Partner Wants to Leave the Business

Plan for the Day a Partner Wants to Leave the Business

If you have read my other posts, you know I strongly encourage people who form Partnerships to create a Partnership Agreement. The document must specify how a Partner can leave the Partnership voluntarily while ensuring that the business is protected from two potential disasters: firstly, by avoiding terms that could bankrupt the business, and secondly, by preventing the admission of unplanned Partners.

read more
How to Escape Your Business Partnership

How to Escape Your Business Partnership

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.

read more

Most Popular Posts

How to Escape Your Business Partnership

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.

read more

How to Get Out of a Partnership LLC

While it seems like it should be very easy to get out of an LLC, it can be complicated. Even if the business is very small, there are considerations beyond getting your money back. In this post, I’ll try to hit the important points of getting out of an LLC Partnership. These same items apply if you want to remove a member from your LLC too.

read more

Recommended Reading

Archives

Chris Reich of TeachU Fixes Partnership Problems

All work is fully confidential from the first moment of contact. Every new client relationship begins with consultations with all parties. It's important to me that we all feel good about working together before we start. This site does not provide specific legal advice.

Chris Reich on LinkedIn

Contact Chris

1+ (530) 467-5690
9:00 a.m. - 5:00 p.m.
Pacific Time Zone

Chris@TeachU.com

Yes, I work nights and weekends by arrangement. Call any time. I will always get right back to you.

Clients who have worked with lawyers, counselors, consultants, and coaches often tell me that my business mediation service is the best and least expensive way to fix a partnership.

Chris Reich, Business Mediator