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.

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Plan for the Day a Partner Wants to Leave the Business

If you have read my other posts, you know I strongly encourage people who form Partnerships to create a Partnership Agreement. The document must specify how a Partner can leave the Partnership voluntarily while ensuring that the business is protected from two potential disasters: firstly, by avoiding terms that could bankrupt the business, and secondly, by preventing the admission of unplanned Partners.

7 Reasons to Be Extra Nice in a Partnership Mediation

When partners seek mediation to resolve conflicts or disputes, it is important that they approach the process with a civil and respectful attitude. Partnership mediation is a non-adversarial way of resolving disputes, and it requires cooperation and collaboration from both parties.

Don’t Risk the Money You Put Into Your Partnership

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.

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

Chris@TeachU.com

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