Joseph Kariuki
Put the business agreement in writing
Clarify ownership shares, responsibilities, decision-making, salaries, withdrawals, debt, and what happens if one partner wants to leave. A written agreement protects the business and the relationship by reducing ambiguity.
Beatrice Atieno
Separate relationship disagreements from business decisions
Use regular business meetings and written records for business matters. Avoid using personal arguments to settle invoices or using business money to reward or punish a partner. Consider a neutral accountant, adviser, or mediator when needed.
Edwin Mugendi
Agree on a breakup or exit process while things are calm
It may feel uncomfortable, but plan how assets, customers, debts, intellectual property, and responsibilities would be handled if the partnership ends. Seek qualified legal and accounting advice for significant commitments.
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It may feel uncomfortable, but plan how assets, customers, debts, intellectual property, and responsibilities would be handled if the partnership ends. Seek qualified legal and accounting advice for significant commitments.
Use regular business meetings and written records for business matters. Avoid using personal arguments to settle invoices or using business money to reward or punish a partner. Consider a neutral accountant, adviser, or mediator when needed.
Clarify ownership shares, responsibilities, decision-making, salaries, withdrawals, debt, and what happens if one partner wants to leave. A written agreement protects the business and the relationship by reducing ambiguity.