A good business co-owner often assists with start-up investments and can provide constructive feedback about important business decisions. However, co-ownership relationships don’t always work out as planned. If you’ve found yourself in a partnership that is no longer beneficial for your business, especially one that owns the same number of shares as you, you might have to rethink your partnership agreement. Our Seattle business litigation attorneys explain what you can do to get rid of a 50/50 business partnership.
Business Partnership Disagreements
If you and your partner have been experiencing serious hardships and disagreements, simply going along with hard feelings is the worst choice you can make. Partners who fail to resolve conflicts put their businesses and personal relationship at risk. Unfortunately, this is a path that many business partners take. They make subtle moves against one another, schedule important meetings during inconvenient times for the other partner, and unhealth business relationships start to form in the organization.
If you wish to dissolve your partnership, you can seek the guidance of an experienced business attorney. However, getting rid of a 50/50 business partnership can have serious repercussions on your business assets.
Getting Rid of My Partnership: Is It the Right Choice?
If you find yourself in partnership disputes, dissolving your partnership isn’t the only option. An experienced business partnership dispute attorney can help you and your partner reach a resolution that can save your relationship, and most importantly, your business. Finding a solution will help you save your partnership’s investments and will help you both maintain financial security.
An attorney can help you understand the facts at hand, can help analyze the desires and visions of each partner, and can identify any legal issues underpinning the dispute. They can also help you develop a partnership agreement that clearly illustrates the roles and responsibilities of each partner—helping prevent future conflicts.
Seattle Partnership Dispute Attorneys: (206) 565-0090
If you and your partner are dealing with constant disputes that are jeopardizing your business, you have options. Our Seattle business litigation attorneys have been guiding clients to successful outcomes for over a decade. Your company is not just your livelihood; it’s the manifestation of your hard work and success. That is why we are dedicated to helping you achieve the best possible results to help you and your business succeed.
Contact our Seattle business litigation attorneys today at (206) 565-0090 to schedule a consultation!