Make a Succession Plan for the Family Business
Family Business Succession Planning: Make a definite plan. How will they support the parents and when can they take charge. That’s what they want.
10 Tips to Conduct a Successful Partnership Buyout
Business Partnership Advisor Together, we can fix your business and partnership problems Chris Reich, Business Mediator 10 Tips to Conduct a Successful Partnership Buyout Chris, My business partner and I can no longer work together. I want to buy him out, but...
Succession Planning in Family Business
Let’s look at how to plan for the next generation of your family to run your business. It’s never too early to make a succession plan and the earlier you start, the more options you have.
Terrible Tension In Family Business Partnership
In family businesses, when things break down, they really break down. The stress level is much higher than when a typical partnership has issues.
Business Mediator Can See Around Corners to Help You
Sometimes people will intentionally make an effort to trigger anger, frustration, or irrational behavior. As a Business Partnership Mediator, I see this behavior often and can help calm things down so we can have a rational discussion toward resolution. Seeing ahead is a super-power! I can see where the problems are and the best possible outcome.
Ultimatums Kill the Chance of Reaching Agreement Between Partners
Whenever a partner makes an ultimatum when I’m working to bring people together, the damage is almost always irreparable. Issuing an ultimatum is a disrespect to me as a mediator and the other partner or partners involved. Line-in-the-sand demands take away any room for negotiation.