Business partnerships, like marriages, can be blissful or disastrous. A marriage is more likely to last for many happy years if both spouses have an understanding about the essential elements of their partnership, such as handling money, raising children and retiring. When spouses cannot resolve disputes in these or other important areas, the marriage may break down.
Similarly, a business partnership that lacks mutual understanding about the foundations of the business may have difficulty overcoming its inevitable disputes. You can improve the chances of success with your partner in several ways.