Have Chris Reich of TeachU Help Create Your Perfect Partnership Agreement
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.
How to Determine the Value of Your Business
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 You Need Mediation, Get Moderation
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.
The Most Important Step to Fix a Business Partnership
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.
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.