| Dissolving a business partnership can be painful, | | | | are decidedly unfair to all the parties involved. |
| both emotionally and financially, especially if you | | | | Finances must be split and company assets |
| are dissolving an unprofitable venture and one in | | | | divided, fairly or otherwise, so that each partner |
| which you have invested a great deal of time, | | | | may salvage something from the wreckage. |
| money and effort. | | | | Such processes might spark resentments on both |
| The key is to remain as detached as possible | | | | sides and it is rare in such instances for friendship |
| during these difficulties and remember you are | | | | to survive the shut down of business activities, |
| doing what are doing to improve your own | | | | especially if the company is a small concern. It is |
| situation. A business relationship with another | | | | such a pity that business partners, when they |
| person is a close and personal one, a relationship | | | | begin their venture do not, in most cases, sign a |
| developed over a given time in which you learn | | | | pre-termination agreement to ensure their |
| the other person's weaknesses and strengths. At | | | | personal relationship weathers the storm in the |
| the moment you decide to start termination | | | | event of having to cease trading. Rather like the |
| proceedings, that relationship changes forever. | | | | commercial version of a pre-nuptial contract! |
| The end of a business association can be as | | | | The trick is to stay calm, focused and determined |
| painful as divorce and is similar in so many ways. | | | | to be as fair as possible to all parties concerned. |
| There are other colleagues to consider and | | | | Then, walk away and wait for the sun to come |
| sometimes loyalties must be tested in ways that | | | | out as it always does. |