This is an excellent article on Partnerships by Dorene LeHavi, PHD on how to make conscious the critical signs that your partnership may be headed to a very rocky storm.
The Seven C’s: Danger Signs not to be Ignored
When Harry teamed up with Joe, everyone thought it was a business match made in heaven. Both loved the clothing business. Harry was a natural salesman with good design sense and Joe was a shrewd buyer and financial whiz. Together they opened a clothing store that showed every sign of becoming a franchise.So why after just a year, when the flagship store was a big hit were they struggling with a costly and acrimonious divorce? Why were they talking about bankruptcy instead of the fall line — when they talked at all?One of the main reasons was a communications breakdown, which is all too common with partnerships. Few, however ever pay heed until it grows into a monster. The very things that made Harry and Joe such a perfect complement to each other were now tearing the business apart. It can happen in any partnership if great care is not taken.
Read on HERE