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Scenario 3 9 : Bringing on a Partner? A friend has asked to join you as a co - owner of your business. They have
Scenario : Bringing on a Partner?
A friend has asked to join you as a coowner of your business. They have been successful in
their business career and have similar skillsets to you. You know your friend's
personalitytype and their style of management is very different than you have envisioned.
As discussions seem to circle and tempers start to rise you wonder if going in on your own,
although financially risky, is the most simple route. Identify the best way to solve this
scenario below. Select the best option from the following:
A Gree upon clear expectations and roles for each partner
Openly discuss your concerns and be honest
Sell the business
Hire a mediator to resolve the conflict
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