Yet another handy Q&A from Forbes Small Business, and this one featuring my colleague, Marian Banker.
What do you do when your company has expansion plans, but one of the partners refuses to co-sign a loan for the necessary funds?
Other than a long, hard discussion with your partner about being aligned on goals, the article suggests revisiting your respective ownership stakes in the company. After all, if you were 50-50 and you’re now taking on an additional substantial burden, that should be acknowledged.
