How to avoid a partnership or shareholder dispute

It is a fact of life that business relationships like any other relationship can break down. As well as the financial cost these disputes can often be very emotionally draining and stressful.

Often these occur due to communication breakdowns between the partners or shareholders as to what the expectations of each party are. Other times there is a fundamental disagreement on strategy and how to move the business forward. Sometimes it's simply a result of personality issues arising over a number of years of working together.

These sorts of disputes can never be avoided completely. However the prospects of them occurring and the risk that a disagreement becomes a major partnership dispute can be greatly reduced.