Thursday, August 7, 2008

Role of exit routes in small business agreement

Most of the deals which happens in small business are based on personal contact . So when terms or agreement are framed, often exit routes of the business deal is ignored . That is where , the business gets locked over a point of time and encounters a barrier of growth . The good agreement for business could be made, and break, at the same time . However , due to presence of personal contact , there is an extensive moral obligation, which plays a pivotal role on defining the agreement . That is why the agreement, could not be break and parties are locked for a infinite amount of time. This is definitely detrimental for both of the parties, and so exit routes should play a key role on all small business agreement.

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