Need advice on a bad business partner

[Lou_C]

I have posted before about trying to get a business together with a close friend and she avoids answering her telephone.

She promised last week that she would never avoid answering her phone again and we registered our business.

She started back up not answering her phone or contributing to the business and working the end details out with me about running the business.

She has gone back to not answering her phone or emails and I can't handle this situation any longer.

She uploaded a copy of our business license and I was wondering if i could have my name taken off of the business.

If you had a friend that wouldn't answer their phone and they wanted a business with you would you close out the friendship altogether?

How can anyone keep a one sided friendship as a business partner.

I bought $5,000.00 dollars worth of merchandise on 90 day credit and I was going to sell it and make a good profit within the next few weeks so that I could reinvest it into our business.

But I don't think that their is a business partner because she never answers her phone or emails.

Should I ask her to remove her name off of the license or my name off of the business license?

[Jackpine Radical]

1. You need to get yourself extricated from this relationship.

With any luck you may salvage the friendship, but the business is a goner.

There are many reasons why she may be behaving as she is. Passive-aggression, debilitating fear and clinical depression come to mind as three possibilities. But it doesn't matter. She probably isn't going to change. You have to protect yourself. Just work out what you need to do--consult a lawyer if you have to--and do it.

[Lou_C]

5. One company made me an offer that I needed a second opinion on

I tried to phone her up and ask her about how many pieces of Lingerie that I should purchase because it was a close out and she wouldn't answer her phone and her cell phone is on no rings so you have to leave a message.


This one lingerie company had a close out deal on Corsets for $5.00 dollars wholesale and they sell for $50.00 retail.
They had them in very few sizes and colors and I needed a second opinion and by the time that I got back to the sales rep they were gone.

[phantom power]

2. the answer depends on which is more important: friend or biz

If your friendship is more important, then I'd recommend taking yourself off the license. If you are willing to lose a friend, or if you think your friendship is already irretrievable, then I suppose you could ask her to leave.

Friendship + business == misery.

I had a business with a close friend. While we had some great times, it came pretty close to destroying our friendship permanently before it was over.

It's no big deal when everything is going well, but sooner or later things will get rocky, and that's usually when friendship becomes severely strained.

Of course, this advice is as old as the hills, and like everybody else I didn't believe it until I tried it.

But I guess you are discovering that for yourself already.

[Paradise]

3. since she's not answering her phone,

you won't be able to ask her anything (email can also be ignored). get your name off of anything to do with her or that business license, PRONTO! :thumbsdown:

[Lou_C]

7. She lives 1000 miles away from me

It's very imperative that she answers her emails and phone in order to run this business.

I will be checking into how I can get my name off of that license.

Thank you.

[mopinko]

4. you should see a lawyer

years ago there was an organiztion called s.c.o.r.e.-service corp of retired executives. they volunteered advice to people starting new businesses. i have no idea if they are still around.
if there is an s.b.a. office near you maybe they could help. it is a bad idea to start a business without a lawyer, even on your own. but i would see it you can return the mercahndise.
what are you counting on this perosn to do anyway?

[SiouxJ]

6. Get out of this now!

If she's acting like this now, at the start of this business relationship, you are only in for constant headaches throughout the relationship. It's hard enough to compete in the business world when you're just starting out; you don't need this added headache too. It puts you at a disadvantage from the get go. It's not worth it. Successful business partnerships are successful because the partners work well together. End of story. If she won't take her name off the license then go get a new one and start over. Good luck!

[Lou_C]

8. I just tried to call her one more time & she didn't answer

:shrug:

[DEMVET-USMC]

9. Get a lawyer you can trust and end this relashionship as soon as you can.

A good trustworthy lawyer is what you need and within reason , well worth the money that costs. ...Oscar

[AlCzervik]

10. Yes you should get her name off the business

Never do business with friends and never borrow money from family if you can avoid it.