How to Negotiate a Business Divorce

September 10, 2021

business divorceDo you live in Palm Harbor FL? Are you currently involved in the dissolution of a business relationship and need some legal help? If this is you, contact The Law Office of Robert Eckard & Associates.

Do you wonder what a business divorce is? Frequently, a business divorce is what you think it is. It is the legal process in which two or more business partners desire to end their business association. You may think it is just business, but a business breakup can create as much drama as a marital breakup.

That is when you need the advice of business litigation attorneys in Palm Harbor FL at The Law Office of Robert Eckard & Associates to provide the help and guidance you need.

In the meantime, here is some advice to help negotiate a business divorce.

Remember that it is strictly business, not personal.

After you’ve built a business with an individual, separating the emotion from a business decision can be challenging, especially when splitting up. However, you need to try.

Get advice from someone you can trust.

Prior to getting your legal help from a Palm Harbor business attorney, bounce ideas off this trusted individual. It can be an accountant, financial advisor, business mentor, or lawyer. It could also be a therapist, family friend, or member.

Empathize with your business partner.

Remember their position and interests. Also, empathy is not sympathy. Try to demonstrate that you understand how they feel, even though you may not necessarily agree with it.

What resolution do you desire?

Do you want your business associate to sell you their shares? Consider how much blood, sweat, and tears they have put in over the years and how they will feel.

By starting at the desired result and pressing rewind, you’ll achieve more than if you simply script out a response to your partner’s anticipated comments. That strategy won’t get you anywhere.

As business litigation lawyers in Palm Harbor FL, and experienced negotiators who understand how to help business owners navigate these issues, we know that business divorces are high-stakes negotiations fraught with emotions and stress.

But don’t let fear and apprehension prevent you from pursuing what you want. Contact the office of Robert Eckard & Associates to get the help and guidance you need to make your business divorce go smoothly and ensure the result you want.

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I was referred to Robert by Ruge Law Group when they were actually KRG Law Group. They handled a car accident I was involved in. This was a business debt collection levied against our company by an employee’s debt collector. He and his colleagues handled it flawlessly. He and his staff are beyond impressive and do everything they can to take the cases brought before them. I came back to them with a very big case. I don’t want to dox anyone in the office other than the name on the business. However, they handled it in the most professional, respectful, and caring way possible. J, you did an amazing job and due diligence! Robert, I wanted to personally thank you for representing us in the past and in the future. You and your paralegals are above Top Shelf. This firm is straight Louis XIII.

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I hired Mr. Patterson (due to another attorney's referral) to handle what I viewed as a complex case. Because of Mr. Patterson's knowledge of the applicable laws and forethought of opposing counsel's strategy, I'm happy to say the outcome was "excellent." I generally do not post but Mr. Patterson absolutely deserves a well appreciated applause for his legal performance. That said, I also referred him to my sister which also had successful results. Thank you, Mr. Patterson.

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