12 WARNING SIGNS YOU’RE HEADED FOR A LAWSUIT WITH YOUR PARTNER JEFFREY H. LERMAN
When Money Gets Tight, Partners Fight
oint ventures or partnerships - the coming together of two or more parties for a common purpose - can be
one of the most powerful ways to do business. When done correctly, joint ventures can help all involved
achieve more than they could do by themselves, do business more safely by diversifying their risk, grow
their business, save time, connect with like-minded individuals, have more fun, hold each other accountable
(in a positive sense), and ultimately make more profits for all. However, whenever two or more people do
business together and money is involved, there is the potential for disagreement, disputes and disaster. Right
now, in the worst economy since World War II, that is more true than ever. When money gets tight, partners
start to fight.