Oh dear, i acted like a wack job today, how do i rectify the situation!!!?

Question

My Fiancee and I are starting a horse boarding facility and have a couple that we wanted to train the horses. they somehow have gotten us to split all the profits with them, which i am either to nice or not smart, i really wanted her help so i agreed...Now they are kinda taking over and asking unreasonable demands, like asking my fiancee to pay to have his own horses here!! He is the one who leased the place! Any way now they want to move into the barn appartment, Originally My fin. told them ok, but feels so uncomfortable with it he descided against it. We told them today. Business partner came straight over to my house, after i fully explained it to her husband, and called from cell phone and told me she wanted to "discuss this with me". They didn't ask me if they could move in, they asked my fian. and he is the one who changed his mind, Any way when she knocked on door i hid in my room all day like a crazy person...Because this is becomming to much for me, What do i do? go of

Answer 1

Just explain to them that you want to keep your relationship completely professional and that you don't believe having them live on the property is a good idea. I suggest you get a lawyer to help you iron out the details of this business deal. They should be your employees, not 50% owners. Unless they are absolutely spectacular at what they do then you may want to go another route for trainers.

If you are the owner you can board any horse you like with or without pay. You decide on the compensation that they recieve, you decide on how much to charge for services and you decide who does and does not board their horse in your stalls.

Answer 2

Your heart is for family, your brain and your guts are for business. There's no room for that sort of behavior when you're trying to run a successful small business. If you haven't paid a lawyer to draft up a very specific agreement between the two parties, then do it now. If this business idea is the brainchild of you and your fiance then you do not need to include this other couple in the contract drafting process. Include in the agreement EVERYTHING that they can AND cannot do. You should present the contract to them and tell them to take it or leave it. If they refuse, then trust me, you didn't need them anyway. You can educate yourself on the matter of horse boarding and training and be just as good as the woman that you're speaking of. It would also be wise to draft up a contract between you and your fiance in case of divorce or broken engagement.

Stand up for yourself or stop complaining about people walking all over you. Good luck.

Answer 3

Decide to resolve this, once and for all.

First have a talk with your fiancee .. and tell him the plan.

Tell these folks that all bets are OFF. Tell them to forget the whole deal .. and good-bye.

Then leave.

Don't argue - or listen to them.

It really sounds like these people would be major problems which will grow bigger & worse as time goes on. You could be sorry for messing with them.

If you don't want to make them leave .. then have a firm understanding that everything is YOUR WAY .. or the highway.

And .. let them know without a single doubt .. that you run the business .. make all the decisions .. and you will let them know - what you want them to know.

Let them find their own place to live.

Nip this in the bud now ... and it will avoid more & major problems in the future.

Answer 4

Did you sign any agreements with them or is it just verbal? If it's just verbal, write up an agreement and BE SPECIFIC! Also, if your fiance is leasing the place, he has every right to say who can do what on the property! It is EXTREMELY important to put EVERYTHING down on paper with a partnership, don't feel like an a**hole, any professional will tell you the same. If you still feel uncomfortable, tell the landlord and perhaps he can either say he doesn't want anyone else on the property or he can work out a separate agreement between them and him so you no longer have to feel obligated to make the decision! Hope this helps!

Answer 5

Get with your B/F and talk about this in detail. Suggest that if you are going to split profits with this other couple, that they also split the bills, for starters, because you two started the business and have taken all the risks.

Might be wise for the four of you to sit with a lawyer for an hour and discuss responsibilities and rewards and write it up as a business agreement before things get crazy.

I think you are letting your desire to 'get along' with your friends get in the way of what has to be a business relationship. Best of luck.

Answer 6

Just confront it, before the situation spirals out of control. Make an excuse if need be for hiding in the room (you stepped out for a moment, you were in the bathroom etc) then be honest and truthful, as should be the case with business partners. Not to mention this is your fiancé involved we're talking about; if you're going to make a life-long commitment to this gentleman then you both need to be up front and honest not only with yourselves and each other but with the people you both deal with.

Hit the nail on the head and tell it as it is - better late than never after all. Don't forget to get legal advice on the issue asap.

Answer 7

Try sitting down with your fiance' and have him do that "man to man" thing. The two men should sit down and discuss the problem like two mature adults and work out a compromise that is good for all....it may not be easy, but it will be worth it. Not a bad idea to get an agreement in writing when the talk is complete, then no further misunderstandings will come up. We all make initial mistakes acting out of emotion, but they can be resolved through re-negotiations and mature thinking. Good luck to you. I hope it all works out.

Answer 8

Yeahhh...sounds like she is trying to take over the business. You need to stand up for yourself dear. She doesn't respect you because she thinks she can walk all over you and your fiance. Anyway you can buy out her share? Or you can sell your half? Make sure you have a lawyer when you do this kind of thing. She was NOT a good person to go into business with. Get out of this situation ASAP! Good luck!

Answer 9

You need to get the guts to stand up for yourself, especially in this situation. You could end up losing everything. If being bitchy or outspoken is what you need to do to put these people in their place, then you should do it.

I'm a quiet person. I don't like to cause trouble and well I usually let people walk all over me. Well in August I was out looking for a new car since we have a son now my 2 door cavalier wasn't quite the family car I wanted anymore. Anyway I went looking for a cheap small suv...left there with a 7 seater Ford Explorer that runs me $447 a month..for 6 years.. I know that I will NEVER let anybody walk all over me, especially at a dealership again because that payment, among all of our other payments is hard to make sometimes.

I know that had nothing to do with your situation but what I'm trying to say is, if you don't stand up for yourself, especially now, things could get worse and you don't want your life to go to hell all because you couldn't say a few words to a couple of people. Good luck!

Answer 10

Grow a backbone. If you don't, you'll constantly find yourself in situations like this. Don't treat a business relationship like a friendship or you'll find out quickly that your going to get shafted.

Let them know your terms for the partnership, and if they can't deal with them, there is other busineses to invest in. If your fiance is the one who leased the place no worries, just get a clear written contract with the other couple if you plan on doing any more business with them.

No more hiding.