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.

Negotiate Your Best Partnership Buyout Using Game Theory

Game Theory is a very useful tool in business negotiations. In this post, I’ll give a broad overview on how Game Theory can help you negotiate your best deal with your business partner.

When Does a Partnership Begin? And End?

I get calls from frustrated business partners all the time. Often, the level of tension is so high, that one partner will move the banking, hide the books, take out a lump sum of cash, close out all social media, or some other drastic measure before properly closing out the partnership. This post explains when it is legal to take action in a partnership when a partner is disruptive.

The Fiduciary Duties of Partners in a Business Partnership

Partners in a business partnership, other than limited partners, have legal obligations to the partnership that are called the Fiduciary Partnership Duties. In this post, we’ll look at these duties and, hopefully, clarify what they mean.

You Can Backdate Agreements in Business Legally

Many people are trying to work out new arrangements with their business partner but find themselves in bad place on the calendar. Despite both parties agreeing to a change, it could take months to worth out the terms. Don’t worry.

Discuss, Agree, and Document How Partners Will Be Paid

This might surprise you. Compensation does not have to be equal in a 50-50 partnership. You can, in fact, do anything you want as long as it’s agreeable with your partner or partners. Read on!

In Mediation Use Sense and Don’t Fight Over Cents

When business partnerships go bad, very often someone wants out. That starts one of two possible processes. The business enters Wind Down and begins the process of closing or the partners start discussing a Buyout.

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