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Business partnership counseling and how a business partnership counselor helps avoid problems.
We can:
To read about business types, see choosing a business entity >> Having a business partnership problem? See how I help >>
Read Rob's thoughts in relation to amicably resolving or dissolving partnerships in the online article in PRIORITY magazine titled 'Perfect Partners'. A business partnership problem can make it difficult to maintain a business. Many
businesses fail due to 'poorly founded' partnerships and agreements
between people - as opposed to operational problems. An unhappy
partner will disrupt and negatively impact the business partnership, and
may ultimately destroy the business all are trying to build. How we help avoid having a business partnership problem. In Business Partnership Counseling, we address issues that may not occur to anyone prior to forming the business partnership. The goal is to insure a satisfying partnership, and to avoid a partnership where conflicts or dissatisfaction impact business operations. At the outset, all the business partners want the business to work, yet may not have fully considered how it will work, how they will work together, and how to make the partnership arrangement the very best it can be - for each individual and for the group. Though you may know another person for a long time as a friend or business associate, once you enter into a partnership, you may have problems that simply were never discussed - and seemingly unimportant earlier on. Primarily the problems we see are with balancing personal and professional life, individual needs and desires, and clearly defining expectations as well as routines.
While better Attorneys and Accountants help make agreements legal and
proper, with creativity in terms of organization and applicable laws, we
help by helping the partners to create agreements that insure the greatest
longevity and minimize professional and personal dissatisfaction. We refer
to this as partnership counseling. Just as with
a marriage, the goals, objectives, and attitudes of people can change over
time. When they do, or when business partners become dissatisfied, disagreement can
turn into disaster. Partnership counseling can greatly minimize the risk of having a partnership problem. Before you form a partnership, Cummings Design can:
Partnership counseling is overlooked in many partnership arrangements. At the time a business is formed, the potential partners are often so intrigued and busy, they overlook many of the key issues that may lead to partnership problems. Cummings Design's Partnership Counseling helps all of the members of the partnership understand the implications of partnership, and come to a complete agreement that covers (and uncovers) all of the potential issues and creates the best possible partnership agreements and arrangements. The issues may be simple... a partner wanting to spend every Friday with an ailing parent, another partner that wants to be sure to be home with family at exactly 5:30pm every day, another partner that is willing to work all hours yet wants to be insured of certain three-day weekends, another partner who is devoted his son's soccer team and needs to work with that schedule. When all personal (and professional) needs and desires are brought to the table by a third party via partnership counseling, all of the potential problem areas can be addressed, resolved, and written into a partnership agreement or addendum. Why Partnership Counseling and what will a Partnership Counselor do? When people are 100% satisfied, feel they have considered every aspect in any partnership, and all their needs and desires have been considered by all, the piece of paper the agreement is written on is simply a reflection of the personal interests, needs and desires of each of the partners - and any risk or liability is greatly reduced. Like a marriage, the 'partnership' works and stays together due to happiness, rather than the marriage license that makes it legal. In addition, there are fewer surprises once the partnership is formed. Rob Cummings initiated partnership counseling as a result of partnership problems he has seen in many client companies, as well as from personal experiences in partnerships he became involved in and resolved. Rob feels that you never get to know another person better than once you become their partner, and that partnership counseling is a necessity. Partnership counseling can completely avoid learning the hard way, and insure the success of your business. With a unique and very comfortable process, Cummings Design helps partners create partnership agreements that go well beyond the legal and accounting and extend to the personal needs, desires and wishes of each partner. This assures 100% satisfaction and greatly reduces the risk of having business-related partnership problems. The process is simple and straightforward. If you are about to form a partnership, we encourage you to have us help with business partnership counseling. If you are currently experiencing a business partnership problem, chances are that we can help resolve the business partnership problem as well - without attorneys - and with a mutually satisfactory and agreeable solution. Contact us for details. To read about business types, see choosing a business entity >> See everything we do or contact us for a better solution today. |
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