How Do We Reach Resolution to a Business Partnership Dispute?

My approach is unique and cost-effective. I believe it's better to avoid the fight and work it out rather than step in the ring and hope for a win.

Business Improves When the Tension Goes Away

But How Do We Do It?

You don’t have to live with the stress and tension of being of a broken partnership.  There is a way to fix the problem and relieve the pressure. It is miserable to work in your own business when you feel your partner is taking advantage of you. Let’s fix it. Save the money and the tension that comes with a legal battle. We can work it out and prevent a disastrous fracture. Together, we can achieve a business partnership resolution for you that your partner(s) will accept.

Here’s the process in a nutshell:

We start with a conversation. Help me understand your problem. All business problems are different. The better I know your issues, the more helpful I can be.

Next, I have a conversation with your business partner(s). They have a point of view as well. I need to understand the dynamics. Because I am not a lawyer, nobody has to feel threatened or defensive. I don’t look for fault, I look for ways to preserve the business (that’s our priority!) and bring a peaceful solution to your conflict.

Once I’ve heard from all parties, we sit down for a meeting to discuss proposals for resolving the problems. No actions are imposed on anyone. My job is to find mutually agreeable solutions. I will give you lots of ideas to fix the problem once and for all. When we’ve reached an agreement, we draft a resolution for the company’s records or have the company attorney (or a business attorney) draft any necessary documents. We can work out acceptable terms for a buyout if that’s the best option.

Once there is agreement on a course of action, I help you implement the solution and keep things calm. I can help coordinate the outcome with your attorney and CPA if necessary.

Remember, I am on the side of the business. I want your business to succeed so that you succeed. A business torn apart by dispute is of no value to anyone.

The goal is to resolve the situation without having to enter a court battle. Why risk losing when you can avoid the fight completely?

I have worked through some very tense situations and reached peaceful solutions. Just think about how good it will feel to have that tension gone for good.

How to Draft Resolutions to Strengthen Your Partnership

I recommend that partners talk through a specific issue and then draft an agreement (called a resolution) that sets a policy. You can keep this in a binder to serve as amendments (or foundation) to your Partnership Agreement. In this post I’ll explain how to talk about things that bug you with your partner and how to draft a binding resolution to fix the problems.

Relatives Should Never Keep the Books in a Business Partnership

Even when people get along well, having one partner’s relative handling the books just isn’t good policy. There is an inherent conflict of interest.

About Documenting Partnership Expectations

Many partnership disputes begin around expectations not being met. But were they ever defined in the first place?

5 Points to Consider When a Partner Is Locked Out Of the Business

Locking a partner out is a risky move. The locked-out partner has rights that if violated could entitle him to reinstatement and damages.

What Should Be Included in Your Partnership Agreement

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.

Protect Your Interests with a Partnership Agreement

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.

Chris Reich of TeachU Fixes Partnership Problems

All work is fully confidential from the first moment of contact. Every new client relationship begins with consultations with all parties. It's important to me that we all feel good about working together before we start. This site does not provide specific legal advice.

Chris Reich on LinkedIn

Contact Chris

1+ (530) 467-5690
9:00 a.m. - 5:00 p.m.
Pacific Time Zone

[email protected]

Yes, I work nights and weekends by arrangement. Call any time. I will always get right back to you.

Clients who have worked with lawyers, counselors, consultants, and coaches often tell me that my business mediation service is the best and least expensive way to fix a partnership.

Chris Reich, Business Mediator