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February 13, 2018

Partnership agreements

  • February 13, 2018
  • 2 replies
  • 0 views

I’m a partner in a business that could be looked at as a “franchise” 

It is not franchised but we have 50 locations around the US 

 

How does one handle issues whereas the corporate leaders are not actively guiding/helping/facilitating growth and may actually be hindering each locations growth?

    2 replies

    Rustler
    February 14, 2018

    A corporation does not have partners, so what is your relationship to the company?  shareholder? or partner?

    Corporate leaders, CEO?  CFO? Board of directors? and are you one of them?

    Only you can determine if the long term outlook is positive if the current leadership methods do not change - if that is a no, you might start planning an exit strategy.  Since from the sounds of it, your having a direct impact to make change is unlikely.

    ElksAuthor
    March 28, 2019

    I'm exiting.  After the last 5 months of no changes, It's time.  Thanks for the responses

    EmilyCowan
    February 15, 2018

    Hi @Elks - welcome to QB Community! Can you give some examples of how corporate leadership may be getting in the way?