Posts Tagged ‘business partner’

What is Preventative Mediation?

Typically, we think of mediation as a process to help people in conflict.  In addition, mediation can be used to help parties negotiating a transaction or wanting to prevent a destructive family or business conflict.  Preventative Mediation can be used as follows:

1.  To create a pre-marital or pre-nuptial agreement, also known as a Marriage Charter.  A mediator can guide a couple's negotiations so that they can evaluate their expectations, consider a wide variety of options, and make choices about how they want their marriage to look.

2. To create an estate plan.  Often, in both traditional and blended families, there is a lack of clarity regarding the path a family should take to distribute its resources.  A mediator can guide a family’s negotiations so that an estate plan, that takes into account each person’s wants and needs, can be created.

3.  To create a business partner’s agreement, also known as a Partnership Accord.  A mediator can guide the negotiations of potential business partners so that they can evaluate their expectations, consider a wide variety of options, and make choices about how they will operate their business.

4.  To create a family agreement, also known as a Family Pact.  A mediator can guide the negotiations of family members seeking resolution with a wide variety of family issues such as curfews and budgets.

Contact me for more information about Preventative Mediation.

Women & Business Partnership – The Good, the Bad and the Synergy

Team sports prepare boys for the corporate model of business. Girls, however, typically play closely with one or two friends. What great preparation for entrepreneurial partnership! So it is fitting, as women continue to start businesses in record numbers, that many are finding partnership is a comfortable format. In fact, business partnership works for women coming from a wide range of backgrounds and experiences including those tired of hitting the corporate glass ceiling, stay-at-home Moms, and women who want to turn their passions and their social connections into business ideas. Partnership brings a wide variety of benefits including a sense of connection and someone to cover when you go on vacation. On the other hand, many partnerships end in crisis and conflict. This article discusses the seven components of positive partnership: Shared Values, Different (Complementary) Skills and Traits, Sense of Equity, Growing Together, Proactive Conflict Management, Shared Vision, and Exit Strategy.

Click here to go to Ezinearticles.com and view Elinor Robin’s complete article

When the Party’s Over – Talking to Your Partner About Exit Strategies

How and when will you move on from your business? Your business may be a lifetime endeavor or a link in the chain of a serial entrepreneurship. Either way, having an exit strategy is essential. If you are part of a business partnership or family business, having an exit strategy is critical. Without one, you may not be able to liquidate your investment and move on, without unforeseen, negative consequences. This article discusses the concept of exit strategy and presents a series of questions partners can use to open up the lines of communication, make some important decisions, and tailor an exit strategy to their individual needs.

Click here to go to Ezinearticles.com and view Elinor Robin’s complete article


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