Starting a joint business venture or struggling with a business partnership challenge? We will help you define roles, solve key issues, and create a solid framework for agreement and business growth. We help new partners define the terms of their relationship, and established partners address current issues and update agreements. We also are familiar with the challenges specific to family business owners and joint ventures.
Identify what each person, potential partner or business offers the relationship. Confirm commitments to the business and common goals to clarify compatibility.
Facilitate discussion between partners to determine expectations, define roles and set timelines. Address key issues and mitigate areas of conflict, including transparency related to financial concerns and intellectual property.
Draft or revise agreement that defines the terms of the relationship and how the business is jointly managed. This includes how profits and losses are allocated, partners’ contributions to the business, and the process for adding a new partner or transferring a partner’s interest in the business.
In different phases of every business, it is a wise business decision to step back, re-evaluate and see a new perspective on where your business and business partnership is and where you want it to go. Meeting with Paul Terry & Associates over the years has helped us guide our business and our partnership in new directions."– Fred Wallace, One Big Man & One Big Truck Moving Company
We started working with Paul Terry & Associates because we had too many ideas. Paul helped us learn to make values-based choices that allowed us to express who we are and how we want to work and grow our business. Paul helps with business planning, financial analysis and action steps to better position our business into new markets. He has specific insights into our partnerships issues and assessing our expansion plans.”– Cliff Smyth, Feldenkrais Center for Movement Awareness
Paul has offered our ownership team an important and neutral space to reflect on and improve our division of labor, communication and organizational management. He is an experienced sounding board and guide toward clearer strategic planning and visioning for business expansion. He is responsive, thoughtful, and direct about what steps need to be taken to achieve our business goals. And he is excellent at distilling down to concrete steps toward that overall goal. He is a highly recommended and wonderful resource!"– Shamita Dhar, Coyote Coast Youth & Family Counseling