Partnership Conflict Advice from TeachU

If you are in a business partnership and there is tension with your partner, get it resolved or get out of the partnership before the end of the year.

There are 2 big killers of successful businesses. Taxes and partnership conflicts.

Resolving your differences doesn’t have to cost a lot of money. You can do whatever you and your partner agree to do. You don’t need lawyers to work out an agreement. Save the lawyers for after you’ve reached an agreement. The lawyers can write it up.

Seriously. There are many possible solutions to a partnership conflict besides buyout. Let me know if you would like to explore some options.