Our office remains open to serve your important legal needs during these turbulent and challenging times. We are happy to schedule client consultations and client meetings by telephone or video-conference at your request.
Bryan E. Kuhn
Counselor at Law, P.C.
Business & Employment Law Attorney

3 mistakes to avoid when leaving a business partnership

Going into business with a partner can be exciting and highly profitable. However, any number of circumstances can arise that might lead you to hastily exit the business.

Whether you are leaving the business for personal reasons or closing the partnership altogether, there are sensitive matters to consider. A simple mistake that occurs when leaving a business partnership could have real consequences.

1. Ignoring your written agreement

A partnership agreement is essential when going into business with someone. It protects both individuals from behavior that could harm them or the enterprise. When leaving the partnership, be sure to adhere to any procedures outlined in the agreement so as to avoid legal repercussions.

2. Failing to communicate

Sometimes things do not go to plan in business, but that is no reason to burn bridges. Communicate your concerns and intentions to your business partner as you go forward with your exit. There could still be lucrative opportunities in the future.

3. Neglecting to consult an attorney

You should seek legal counsel every step of the way when running a business. From forming your partnership to leaving the company, sensitive issues can arise that you might not have the tools to handle. Your attorney can help you navigate the complexities of leaving your partnership while maintaining legal compliance.

The closing of one business opportunity can often open the way to other lucrative ventures in the future. By following best practices when opening or closing a business partnership, you will save a lot of time and energy that you can spend on other endeavors.

Column Image

“I used the Bryan E. Kuhn, Counselor at Law, P.C. team to help me with a case. They were always professional, upfront, and positive providing guidance while keeping me informed.”
– L.H.

“Everyone at the firm was professional, responsive and courteous. I would definitely recommend this firm if you are in need of superior legal assistance.”
– J.S.

“Bryan and his law firm operate with great professionalism and personal touch. I appreciated the way he and his team offered transparent communication.”
– N.S.

“The team was very professional in helping me to get through an uncomfortable ADA situation at my workplace. This was a very good legal experience. I would recommend Bryan E. Kuhn & team to anyone who needs work related legal help.”
– D.L.

“Bryan, Katie, and all the staff in this office are super fast to respond, expert in their fields, and always helpful. We have been extremely pleased with their services for our small business.”
– T.Z.

Column Image


Bg Subscribe
Contact Our Firm

Office Location

Bryan E. Kuhn, Counselor at Law, P.C.
1660 Lincoln Street Suite 2330
Denver, CO 80264

Local: 303-424-4286
Toll Free: 866-693-5541
Fax: 303-425-4013
Denver Law Office Map
FindLaw Network
Click for the BBB Business Review of this Attorneys & Lawyers - Employment Litigation in Denver CO