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.
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.
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.
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.
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.