3 Things to Do If Your Business Partner Doesn’t Support You in Front of Employees
When business partners send conflicting signals to employees, it’s a sign that the partnership is breaking down. Follow these 3 steps.
I Put in Money and He Worked for Free
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.
Chris Reich Now Offers Optional Binding Mediation Services
You asked for it so I’m offering binding mediation under specific terms. Before we get to those terms, let me explain binding mediation.
Business Partners Must Agree to Agree
If you make an agreement with your business partner that you will ALWAYS reach agreement on ANY business item that comes up, no matter how strongly you both feel and no matter how far apart on an issue, your partnership will thrive.
Can You Get Rid of Your Business Partner?
In order to remove a partner you’ll need to take legal action and then you must prove your case in court.