Summary of The Partnership Charter

How to Start Out Right With Your New Business Partnership (Or Fix the One You're in)

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The Partnership Charter book summary
Partnerships often descend into bitter partisanship. To avoid that, you need to know two words: 'Partnership Charter.'


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10 Applicability

8 Innovation

9 Style


This is a top-notch book - nicely written, smartly organized, and easy to follow and understand. It provides insightful information, telling case histories, useful checklists and exercises, and even includes a fully developed "Partnership Charter" in the appendix. Author David Gage offers an inside view of partnerships, and his case studies make the text a pleasure to read. More importantly, he shows you how to create a partnership charter that will function as your enterprise's Magna Carta in the years to come. If you are planning a partnership, getAbstract advises you to study this expert presentation first. You will save yourself a lot of trouble.

In this summary, you will learn

  • Why you should draft a "Partnership Charter" when going into business with others;
  • What this charter contains;
  • How to determine partner compatibility; and
  • Why mediation is the best option for resolving partner conflicts.


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About the Author

David Gage, Ph.D., is a clinical psychologist and adjunct professor at the Kogod School of Business at American University. He founded a multidisciplinary consulting and mediation firm that specializes in conflict prevention for closely held businesses.

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