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.
Before the tension is extreme, I serve as moderator rather than mediator. By having meetings with a neutral third party, your issues can be resolved.
When business partners send conflicting signals to employees, it’s a sign that the partnership is breaking down. Follow these 3 steps.
I get a lot of calls about the subject of dividing the percentages of ownership when the contributions are not perceived as being equal. Squabbles over equity also bleed into other issues such as control of the business and, in some cases, whether the partner who put in cash has a “right” to dismiss the partner who contributed work.
I deal with family business problems all the time. Frankly, they are by far the hardest to resolve.