00:04
if you have a partner and you’re
00:06
going through a business divorce it can
00:07
sometimes be just as difficult
00:09
emotionally as going through a personal
00:11
divorce and
00:12
one of the challenges with any business
00:15
divorce
00:15
is as much as possible setting aside the
00:18
emotion
00:19
and setting aside what sort of whatever
00:21
personal
00:22
you know animosity that might have built
00:25
up over the years
00:26
and try to negotiate a fair resolution
00:28
and a fair um
00:30
separation usually people go into
00:32
business together thinking that they can
00:33
build up something and
00:35
and often that they do but they
00:38
want out and that’s okay some
00:40
relationships just generally run their
00:41
course
00:42
and in our system you don’t have to get
00:46
married for life with a business partner
00:48
so the challenge in that situation when
00:50
you do want to separate from your
00:51
business partner
00:52
is to set aside as much emotion as
00:54
possible you know figure out what
00:56
processes were put in place early on
00:58
to allow for a smooth business divorce
01:00
and take advantage of those processes
01:02
because what you do not want
01:04
is it to turn into something ugly and
01:06
expensive
01:07
and acrimonious um sometimes you do find
01:11
those situations where
01:12
you don’t have a good agreement from the
01:13
start that says if we want to split up
01:15
here’s how we do it quickly and
01:16
efficiently and you take those cases
01:19
as they come you do have legal options
01:21
in the courtroom and you can pursue them
01:23
if you have to
01:24
but it’s absolutely much better to
01:26
confront the situation
01:27
as objectively as possible as fairly as
01:30
possible
01:31
and um seek out a an arrangement that
01:34
works for both sides because if you if
01:35
you just try to
01:37
if you just try to hurt the other side
01:38
you’re probably more likely to hurt
01:39
yourself too