Partnerships: Contracts & Negotiation

What Happens When A Partnership Contract Is Broken?

1. Take A Breath
2. What Kind Of Broken Is It?
3. Take Stock of The Situation
4. What Are Your Options?
5. What Can You Do?
6. Conclusion

It’s not ideal, but sometimes contracts are broken or terminated. You never want this to happen, but sometimes it’s out of your control. Obviously if you did something to cause the break or termination, you need to take a step back and think about what you could have done differently way to avoid it in the future. Often however, there are other things at play and you need to know how to deal with the outcome. Sometimes these breaks can happen before the contracts are signed, but for the purposes of this article we are going to assume the contract was signed by both parties.

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