Partnership for the Good of Your Business

What to do when business plans go awry

On Behalf of | Dec 29, 2016 | Business Litigation |

It is sometimes said that the best-laid plans of mice and men often go awry. But while this idiom has certainly stood the test of time, it is advisable that you don’t take it too literally. Specifically, the last three words, “often go awry,” is certainly a damning indictment of careful planning. But the fact is, careful planning is a critical element of achieving any goal.

Certainly, you would never go into any serious business venture without a plan. And business plans come in myriad forms. For example, when your business is in a formative stage, you absolutely need to craft a detailed outline of not only your goals but also the manner in which your company will pursue those goals.

And a contract is essentially a plan that is intended to delineate the rights and responsibilities of those who sign it. A well-written contract will contain every aspect of a business relationship. One purpose of the contract is to help both parties achieve their individual goals by working in concert.

But unfortunately, even if your plans were thought out and executed to the letter, things can still go awry. This is especially true if a party with whom you have an agreement fails to meet its obligations. When this happens, you will likely need the help of an entity that has expertise in dispute resolution.

At Dinn, Hochman & Potter, LLC, we are equipped to handle all manner of business litigation. When representing a client, we tailor our legal strategies to help resolve issues as efficiently as possible. You can read about the full scope of services on the various pages of this website.


FindLaw Network