When the Problem Partner Doesn’t Propose Solutions

When the Problem Partner Doesn’t Propose Solutions

by | Jul 18, 2026 | Buyout Advice, Partnership Advice, Partnership Disputes, Partnership Problems, Problem with Business Partner

Sadly, the ugly reality is that if your partner complains but doesn’t offer solutions, he’s no longer a partner. A wise lawyer once taught me this important lesson when he was drawn into a nasty partnership dispute that I was working on. One of the partners was always complaining that the other was never bringing ideas to the table. The lawyer, after listening to the whining for 15 minutes said, “Tom, you need to learn to deal with the partner you have, not the one you wish you had.”

What Makes a Contract Legal and Binding?

What Makes a Contract Legal and Binding?

by | Apr 20, 2026 | Business Disputes, Business Tip, Buyout Advice, Family Business, General Business, Partnership Advice, Partnership Disputes, Partnership Problems

As you see, a contract can be legal yet not binding. And, the most important take away is that a promise, even if written up and signed, is not binding. If an agreement is not binding, it isn’t enforceable. I assume you want your agreements between you and your partner(s) to be legal, binding, and enforceable. Let’s look at the pieces that must be included to make a valid, binding contract.

Can You Be You with Your Business Partner?

Can You Be You with Your Business Partner?

by | Jul 5, 2025 | Buyout Advice, Partnership Advice, Partnership Agreement, Partnership Disputes, Partnership Problems, Problem with Business Partner

Partnerships are much like romantic relationships. When it’s all new and exciting, we can easily become infatuated to the point of overlooking differences. After all, don’t the differences make the partnership stronger? Sometimes. Most often differences magnify with time and become triggers to arguments. As time goes by, the differences you ignored become important. What do you do when the differences break the partnership?