By Francine Friedman Griesing | Founder & Managing Member | Griesing Law, LLC
Business owners are responsible for protecting themselves against the risks that can negatively jeopardize their business and ownership interests. One of the most common issues that arises with entrepreneurs is having a relationship with a business partner or partners go sour. In my career, I have represented several business owners who have been pushed out of businesses they founded or have seen a significant decline in what their business is worth due to poor relationships with their business partners. I have also served as a neutral arbitrator or mediator in far too many cases where a successful business imploded when the partnership relationship when awry. By the time they seek help, the damage may be so great that it can’t be undone. So how do business owners get to this point and what can you do to avoid it?