But My Partner Did It!
Is your business partner in charge of the books? What if he doesn’t pay the taxes? You bear equal responsibility whether you know what’s going on or not.
Is your business partner in charge of the books? What if he doesn’t pay the taxes? You bear equal responsibility whether you know what’s going on or not.
What if you are already in a 50/50 partnership and things are getting rough? Relax. Your partnership can be fixed.
Even though I am presenting you with only 6 causes of partnership problems, there are others that can hurt a business. See if your problem is on the list.
If there is no Partnership Agreement in place, the process for getting out of a business partnership is fairly open. That also means that the price and terms are fully negotiable.
The word “Trust” means different things to people on different sides of partnership tension. While trust may be at the heart of your issues, be careful about how you express it. It means something different to your partner.
Fix your business partnership issues using these 6 steps. Definition is the key to resolving most tension. Define roles, objectives, processes, and vision. Bringing clear definition into a partnership will fix your problems. I’m happy to discuss this with you in more depth.