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How can I maintain a business relationship with my ex?

by | Feb 1, 2017 | Firm News |

If you and your spouse are joint business owners heading toward divorce in Florida, you may be wondering if your professional relationship will last after your personal separation. Despite the obvious hurdles, some divorcing couples have managed to remain civll and continue working together for the sake of their business. According to Entrepreneur, the ones who successfully navigate this significant relationship change have several qualities in common, and it may be wise for you to incorporate them into your own situation.

First, look at the big picture. Step away from your personal conflicts and recognize objectively the contributions each of you makes to the business. When you do that, you will probably realize that you have different strengths, and both of you are necessary for mutual financial success. Rejecting your partner on a professional level for personal reasons will only hurt both of you in the long run.

Second, consider seeking third party arbitration. If you foresee disagreements in the future regarding business decisions, you may wish to hire or enlist outside help to reach a conclusion. A person who can take an objective look at your company’s needs may be able to make a wiser decision than you and your former spouse, especially if you are still emotionally affected by the divorce. 

Finally, you should have confidence in your business partner’s professional integrity. This requirement may be the most difficult to accomplish. If your divorce was amicable and relatively mutual, then it may be possible to retain confidence in each other and continue working as a team. However, if your partner has betrayed your trust, or vice versa, on a personal level, your professional relationship may deteriorate as well.

This information is provided for educational purposes only, and should not be interpreted as legal advice regarding business relationships after divorce.