Are you looking to start a business here in New Jersey? You may not have everything you need in order to make your business a success. You know that something is missing, but you aren’t sure what it is. Then you realize that what you need is a partner, but you know...
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Why is There a Need for the Business Divorce Institute (Part 2)
In our blog post, Why is There a Need for the Business Divorce Institute (Part 1), we described some of the mistakes that business owners make in deciding to partner and selecting a partner. We announced that it is the mission of The Business Divorce Institute to...
Strong partnership agreements are good for business
If you are a New Jersey small business owner, you understand the importance of having strong business relationships, including the relationship you have with your business partner. One way you can protect this crucial relationship is to draft a strong partnership...
Sarcasm, is it just humor, or does it sabotage your business goals?
How business partners get along sets the tone for the rest of the organization. When partners show respect, collaboration, caring and mutual support toward each other, they are setting an example and the expectation that others are to do the same. When they engage in...
Breaking Up Is Hard to DO
The Business Divorce Institute has had an article accepted by the Commerce and Industry Association of New Jersey. It appeared 9/14/2017 in their blog “Free Thinking.” What are the rights of a minority shareholder in a business partnership when the minority...
Partner Communication and the Value of Leadership
What is Charlottesville’s Effect on Your Partnership/Company? Do you and your partners think alike when it comes to the values (behavioral guidelines) of your company? In the wake of the strife in Charlottesville, would you and your partners equally feel comfortable...
Something Can Be Done. You Don’t Have to Remain in an Emotionally Destructive Partnership!
I once received a telephone call from a business owner who started the call by saying, with more than a hint of desperation in his voice: “I have been to five lawyers, and they all told me that there was nothing that could be done to help me separate from my bad...
Problems in the Partnership – How Do They Affect the Business?
There are three aspects to any business and each one is affected differently when partners don’t see eye to eye. Performing the service or making the product. This is how the business makes money. It’s the work of the business. There is a process to it, a set of steps...
Why is There a Need for the Business Divorce Institute (Part 1)?
People enter into business partnerships too casually. When a new client contacts me and says: “I have decided to take a partner. Can you draw up the paperwork?”, my first question is “Why do you want to partner”? I continue to be amazed at some of the responses I...