It is important that such issues are addressed before the need arises; by executing and documenting a Governing Constitution addressing all fundamental issues :

• Clarity  – Purpose & Strategy defining it
• Defining Roles  & Responsibilities
• Business plan for next few years
• Decision Making process both Individual / joint
• Salary /withdrawal and perks mechanism
• Expansion  – Diversification or alternate business  / sources of income
• Conflicting activities
• Resolution of Deadlock
• Induction / criteria for involving second generation
• Graceful Exit plan