Business partner not ready for expansion Business partner not ready for expansion

3 years ago

What to do if my business partner is not ready for expansion of company and what can be done if he is not ready to reinvest the profit for growth of the company?

Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir,
Better first know his intention it may wise because in these days so many people getting loses. Or you may withdraw from the partnership firm and start your Proprietorship firm or LLP company.
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Anish Palkar

Responded 3 years ago

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A.Refer to your partnership agreement and see the clause whatever they mentioned at the beginning of the the business ....or amendment if made any.
if the partner is not ready for expansion of the company you may start another company with a new partner and continue achieving your goals

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Sourav Ghosh

Responded 3 years ago

A.Then send him a legal demand notice
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