Business Partnership Advisor
Together, we can fix your business and partnership problems
Chris Reich, Business Luminary
Looking for a Business Mediator in…
Chris, I appreciate your blog and would like to work with you but I need a mediator in my area, right?
Must You Meet with Your Business Mediator in Person?
It’s not necessary to meet in person to settle a business partnership dispute. In fact, in many cases it’s better not to get everybody in the same room. It’s certainly a lot cheaper to conduct video conferences.
Most mediation services charge for full days. If the mediator must go to your office to conduct a 3-hour session, you’ll pay for 8 hours. I plan my time and travel when necessary to save you money. The cure has to be less painful than the injury! If you are in a dispute with your partner over a $500 debit from the bank account and the mediation process costs $5,000, it might not be worth doing.
Negotiation by Video Conference Works
Yes, there are times when meeting in person is best. If there are many issues and if the parties are very far apart in their positions, then meeting in person is a better option. The majority of disputes are more general and the parties want to work things out. When there is a desire to reach agreement, resolution can always be reached using video conferencing. If the level of animosity is so high that parties can no longer work together, it is better to meet in person.
I’ve conducted hundreds of mediation sessions using video conferencing and it works.
I use my video conferecing account and a proprietary technique to resolve partnership problems all over the country.
Chris Reich, Business Mediation Services
Summary: No It’s Not Necessary that Your Mediator Be in Your Area
Having resolved many, many cases using video conferencing, I know that it’s not always necessary to meet in person. I can save you a lot of money by working with a proven method.
Sure, there are times when it’s best to have face-to-face meetings. But even in those circumstances, a good mediator wants to save the clients’ money as much as wishing to fix the problems.
I offer every new potential client a free initial consultation. This isn’t me giving you a sales pitch. You get a 100% confidential consultation with all the time you need to tell me about your situation. You can ask me all the questions you would like to ask. I will tell you if you need a lawyer. I will tell what strategy should be used and I will offer to speak with your partner for free as well. If everyone is comfortable, including me, I’ll give you a cost estimation and we can get started.
Thank you for reading this. Drop me a note if you have comments.
Chris Reich, Business Partnership Mediation
“If you have a partnership problem, accept my invitation for a FREE consultation. It’s not a sales pitch. It’s your time to explain the problem and ask all the questions you have.”
Locking a partner out is a risky move. The locked-out partner has rights that if violated could entitle him to reinstatement and damages.
There are many things to cover in a solid Partnership Agreement. In this video, I’ll explain the items that need to be covered. You may have other items to include as well. Keep in mind that there are many ways to address each clause. My job is to offer you options and to help partners agree on how they want to address every line item.
Your Partnership Agreement protects your interests. Ideally you would go to a qualified business attorney and have the proper legal document drafted. But if you are putting it off because of the expense, you can get the key items on paper to protect you and your business.
There are times when you legally can and should lock your partner out of the business. But, those are rare circumstances. Locking your partner out, even if your partner is showing bad behavior, open you to potential liability.