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.
Many people who call me find themselves in the frustrating position of not having any “power” in their failing partnership. There are two options.
It’s normal to have some problems with your business partner. All partnerships experience periods of tension. So put down your worries and read about the 6 things to do that will help fix problems with your partner.
Majority rules in an LLC unless your Partnership Agreement says otherwise. That means any changes in ownership affect voting power.
If there is tension in your business partnership, do these 4 things before the tension turns into a fight.
In Partnerships, the problems that come up are as varied as individuals. Though mediators see many of the same themes, each situation is unique and requires skillful listening.