Preschool Closure Notification Guide

Summary

Without a business agreement, closing a preschool in Florida requires consensus between 50/50 partners. Legal dissolution or mediation may be necessary. Notify clients professionally, providing reasonable notice and neutral alternatives.

Full Conversation

I am currently operating a preschool in the state of florida. my partner and I are */* and do not have a business agreement in place. I have to close the school because we ran out of money. can I close the school even if my business partner does not agree and does not put capital into the business?
Since you and your partner are */* owners and there is no business agreement in place, making unilateral decisions can be complex. Here are some general points:
- Florida law requires consensus between partners for major decisions.
- You may need to pursue legal dissolution of the partnership.
- Consider mediation to resolve disputes.
Would you like more details on partnership dissolution or mediation?