Conflicts in business partnerships usually arise from misunderstanding and miscommunication. Here are some common sources:
- Differences in Vision and Goals: Partners may have different ideas about the company's direction and long-term goals. - Financial Disagreements: Disputes over financial matters, such as investment strategies, revenue allocation, and profit distribution. - Unequal Contribution: Perceived or actual imbalances in the amount of effort, resources, or expertise each partner brings. - Decision-Making Authority: Disagreements about who has the final say in critical decisions. - Exit Strategies: Conflicts can arise when partners have different expectations about exit plans or business dissolution.