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Disagreements over financial decisions, roles, or business direction can lead to costly legal battles if not handled properly. Understanding how to navigate and prevent partnership disputes is essential to protecting your business. Exit Strategy Issues: Disagreements about selling the business or buying out a partner.
Businesspartnerships are established with the goal of achieving mutual success. However, disagreements and conflicts can arise, leading to disputes that, if not properly managed, can jeopardize the viability of the business. It should outline dispute resolution mechanisms, financial responsibilities, and exit strategies.
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