Business Partnership Advisor
Together, we can fix your business and partnership problems
Chris Reich, Business Mediator
Funny Friday: Video Conferencing
Even though I do most of my work using video conferences, I admit to experiencing every one of these issues. This video gave me a laugh and I hope it brightens your day.
The Video Meeting
As more of us are working remotely, I’m sure you will relate!
“We need a laugh sometimes. This is especially important in these very troubled times. Can you hear me?”
Let’s look at how to plan for the next generation of your family to run your business. It’s never too early to make a succession plan and the earlier you start, the more options you have.
How do I get out of my partnership? And, it’s the biggest reason I am always ranting about having a Partnership Agreement. Without a Partnership Agreement, your options are very limited. You accept anything your partner is willing to give you, or you can dissolve the business.
Somebody puts up money with someone who agrees to contribute labor as their contribution to an equal Partnership. Once things are set up, and a lot of money is spent, the other Partner fails to perform, and the troubles begin. I get 2-3 calls like this every week.
Partners take advantage of partners every day and they get away with it. It is the most painful call I get. It sounds like this, “I put all the money I had into starting our business. My partner had bad credit and no money, but he promised to do all the work to get the business going.