Business Tips by Chris Reich
Tips from growing a business to dealing with disputes
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It’s not necessary to meet in person to settle a business partnership dispute. I use video conferencing to fix most business partnership problems.
Do You Need a Lawyer or a Mediator for Your Partnership Problem?
Mediators sit down with all the parties and try to find common ground. Mediators charge around…
When to Give in Partnership Negotiations
If you’re in a business partnership that has gone sour, we have to consider whether you’ll have to continue in the relationship or if you’re leaving the business.
How to Create a Business Partnership Agreement
Developing your Partnership Agreement should be the first step in forming a new business with a partner. If you haven’t created a Partnership Agreement yet, it’s not too late.
6 Reasons to Choose Chris Reich as Your Business Partnership Mediator
I believe that I offer the best service and the best cost to settle your business partnership dispute. Call me to discuss your situation.
Can You Fire Your Business Partner for Losing Money?
If a partner causes a financial loss by intentionally harming the business, that violates a fiduciary responsibility which could justify legally removing a partner.
How to Resolve a Disagreement with Your Business Partner
Successful business partnerships are always based on mutual respect and an unwritten understanding that both partners want what’s best for the business so that giving in doesn’t mean surrender.
I Am Afraid of My Business Partner
When one partner becomes totally beligerant and refuses to communicate, it is important to protect the other partner. These situations get pretty close to needing an attorney which can get very expensive.
I Cannot Talk to My Business Partner
We tend to wait until the situation gets very bad before we reach out for help. I understand. Let’s get started before the communication breaks down.
Did Your Partner Take You Off the Bank Account?
Can your business partner take you off the bank account? If you haven’t set it up correctly, he can. So watch this and act accordingly.
How to Fix Business Partnership Problems in 6 Easy Steps
Here are 6 easy (and cheap!) steps to fix your business partnership problems. My process is uniques and it works.
The Most Important Step When Starting a Business Partnership
The 2 reasons creating a Partnership Agreement should be your first step when forming a business partnership. First, the protection a Partnership Agreement affords makes skipping this step rather dumb. Second, the process of working out the terms of your Partnership Agreement will reveal potential problems and help you work them out before they happen in the real world.
How to Deal with a Crazy Business Partner
Are you dealing with an irrational business partner? If so, the rules of engagement are very different and swift action is advised.
Can Your Business Partner Take You Off The Bank Accounts?
If you are in a business partnership, call your bank and find out if you have a joint account. If you are on the account but it’s not a joint account, change it.
Negotiating When There is No Incentive to Reach Agreement
Many people who call me find themselves in the frustrating position of not having any “power” in their failing partnership. There are two options.
Game Theory and Business Partnership Negotiation
Never prepare for negotiations by thinking about what you want first. Start by thinking about all the possible things that would constitute a payoff to your partner.
Can Your Business Partner Steal From the Business?
I get a lot of calls about thieving partners. People are often disappointed when they hear the answer. If your partner takes $20 out of the bank account using the company’s ATM card and uses that money for lunch, it’s not stealing.
You Don’t Have to Be Stuck with a Bad Business Partner
Every responsible article on this topic will start with the recommendation that you review your partnership agreement. You can still get out without an agreement.