Business Partnership Advisor

Together, we can fix your business and partnership problems

Chris Reich, Business Luminary

Business Partnership: Where is the Love?

“I know this shouldn’t matter but my business partner never tells me I’m doing a good job. Am I being petty?”

Just Do Your Job!

Assuming there is some agreement about duties, shouldn’t partners just do their jobs? Yes, of course. But it’s still important to support each other as partners. As owners, partners in a business share responsibility and the liability as well the benefits of entrepreneuership. Telling your partner that you appreciate their contribution is part of being a good business partner.

Depressed business partner | TeachU

People get discouraged when they aren’t acknowledged.

Chris Reich provides Business Partnership Mediation in all 50 states.

Only Give Recognition if You Mean It

If your partner isn’t performing, don’t lay on the praise because they will recognize your insincerity. I know when I’ve done a great job and I know when I’ve come up short. Getting false praise when you know you’ve blown it hurts more than it helps. Your partner knows when she’s done a great job.

So if you don’t mean it, don’t do it. But what to do instead?

If your partner is, in your opinion, under-performing, ask a question rather than try to praise the problem away or worse, by trying to motivate by constructive criticism. It rarely comes across as constructive. Ask, is everything okay with you? Are feeling okay these days? Are you feeling stress from the business? These questions are open-ended and invite dialogue. 

If you are pleased with the work your partner is doing, say it! We ALL like to hear it. In the most bitter mediation sessions I conduct, the most common complaint is, “he never says anything good about what I do.”

Would your partner say that about you?

Chris Reich, Business Partnership Mediator

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“If your partner is, in your opinion, under-performing, ask a question rather than try to praise the problem away or worse, by trying to motivate by constructive criticism. It rarely comes across as constructive.”

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5 Points in Partnership Lockout

5 Points to Consider When a Partner Is Locked Out Of the Business

Locking a partner out is a risky move. The locked-out partner has rights that if violated could entitle him to reinstatement and damages.

Chris Reich Can Help You Create the Perfect Partnership Agreement

What Should Be Included in Your Partnership Agreement

There are many things to cover in a solid Partnership Agreement. In this video, I’ll explain the items that need to be covered. You may have other items to include as well. Keep in mind that there are many ways to address each clause. My job is to offer you options and to help partners agree on how they want to address every line item.

Chris Reich Will Help You Create Your Business Partnership Agreement

Protect Your Interests with a Partnership Agreement

Your Partnership Agreement protects your interests. Ideally you would go to a qualified business attorney and have the proper legal document drafted. But if you are putting it off because of the expense, you can get the key items on paper to protect you and your business.

It May Be Legal to Lock Your Partner Out of the Business But Have a Good Reason

It May Be Legal to Lock Your Partner Out of the Business

There are times when you legally can and should lock your partner out of the business. But, those are rare circumstances. Locking your partner out, even if your partner is showing bad behavior, open you to potential liability.