Going into the construction business with someone, whether it’s as a developer, a builder or an investor, can be likened to a marriage. You spend almost every waking hour together, you make decisions together, and when one partner makes a bad decision, it can affect both of you. Many partnerships start as friendships or family relations and end in turmoil. And for good reason; running a business is tough and can test even the strongest bonds.
With that in mind, here are a few things you can do when your partnership is on the rocks:
Here’s where an attorney can act as a therapist of sorts. He or she may be able to help you come to an amicable agreement that keeps you and your business thriving. However, if things are completely beyond repair, an attorney may be able to advocate for you in litigation and ensure your interests are represented.
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