Coronavirus, the Economy, and Your Business Partnership
Before we found ourselves in this terrible mess, many businesses had partnership issues. If your partnership has problems, now is the time to deal with those things that cause tension.
Before we found ourselves in this terrible mess, many businesses had partnership issues. If your partnership has problems, now is the time to deal with those things that cause tension.
I am a business partnership mediator. Every day partners come to me to help settle disputes or to reduce tension. I always recommend a Partnership Agreement.
There is much to consider when setting the value of a business. Talk with a 100 experts and you’ll get 100 different valuations. These methods should help.
At the heart of most business partnership problems are 2 little bugs that infect the relationship. Those bugs are communication problems and lack of respect. These feed each other. As communication breaks down, so does respect. The cycle accelerates the deterioration of the relationship.
When business partners send conflicting signals to employees, it’s a sign that the partnership is breaking down. Follow these 3 steps.
I deal with family business problems all the time. Frankly, they are by far the hardest to resolve.