The Bulldog Guide to Business Divorce

The Bulldog Guide to Business Divorce is divided into three parts that follow the life cycle of business partnerships and business partners. The first section guides you in choosing your partners and forming your agreements to minimize chances of trouble later. Except for your spouse and family, your business partner will be the most important relationship in your life. This section explains the legal duties all partners owe each other; the agreements all partners should agree to at the very start: how to plan to reach your business goals; and the right way to pick your business partners. The second section describes the characteristics you should look for in choosing your partner, and the warning signs that your partnership might be in trouble. This section discusses problems to look for and how to handle them, including certain habits, traits and values of your partners that may change over time. This section ends with a discussion of Red Flags, signs of serious trouble on the horizon. The third section discusses the various pleasant and unpleasant ways that business partnerships end. This section discusses financing, preparing for sale or succession, and what to do if your partnership is headed for a business divorce. The Bulldog Guide to Business Partnerships is intended to be useful to business owners during the entire life cycle of the business. It will not teach a cobbler to make better shoes, but it can help her run a stronger business partnership.