Break Ups Happen All The Time,
Sep 01, 2022 12:25 pm
, you will agree with me that breakups are painful but when they happen you have to brace up and move on.
Even in business, breakups happen all the time. How we handle it and how we are able to resolve any pending issue is what is important at the end of the day.
Partnership business is not a do-or-die affair so in order to avoid a terrible breakup; both legal and heart aches always include an "Exit Clause".
This clause states clearly the circumstance under which a party may walk out of the partnership relationship including the time frame within which a person may opt out.
If you are not sure what specific terms you should include in your Agreement, please seek out legal consultation.
Breakups happen all the time, even in businesses so brace up and move on when it does.
Cheers to your #legalsense.