What should I do if I partner with a relative to do business and lose money if I don t do well?

This kind of thing is the most difficult to solve, so it's best to think of everything that needs to be thought of and make a treaty before doing business. In this way, what happens after that is easy to solve, which is the so-called saying that the villain first and then the gentleman.

It was probably at the beginning of April this year that I came out of the original company with a few people and re-established a new company, which belongs to the entrepreneurial team. Although it is not a partnership of relatives, everyone is familiar with it. So at that time, there was no such clear treaty as negotiated, and our company had four ** east, which took some money into the shares, and at that time it was also said how much to share, etc.

And the initial funding was not put in place. Knowing that later, the company has been losing money, and when shareholders see this situation, of course, they don't dare to invest money in it. Then there was also a contradiction between the first east, some felt that they couldn't afford it, and went to other companies, and the major shareholders didn't invest money.

Because at that time, the major shareholder spoke, saying that even if the company does not make money, we will not use your money, and we will return the money to you. In fact, this sounded pretty good at the time, but it didn't meet the terms of entrepreneurship, so that in fact it was really a loss, but the major shareholders were reluctant to take the money. Therefore, everything still needs to be a little person, a later gentleman.

It's not a gentleman first, and then it's more stiff, so that there is no way to continue to get along in the future.

Brothers still have to settle accounts, relatives are most likely to have conflicts when they do business together, and if they are profitable, it is slightly better. If you lose a little, you will complain about each other, and some of them will never get along. Therefore, there are still treaties in all aspects first, and even relatives do things according to the treaties.

Young people who start a business, don't start a business in partnership with relatives, friends, classmates, if you have money, you can make it bigger, if you don't have money, you are afraid to borrow, don't go to the bank to take out a loan, and the consequences of the experience are unimaginable.

Legal analysis: The specific method of handling is to share the losses of the partnership in accordance with the provisions of the partnership contract.

If there is no agreement in the partnership contract or the agreement is not clear, the partners shall decide through consultation. If the negotiation fails, the partners shall distribute and share according to the proportion of paid-in capital contributions. If the proportion of capital contribution cannot be determined, it shall be equally distributed and shared by the partners.

Legal basis: Article 973 of the Civil Code of the People's Republic of China stipulates that the partners shall be liable for the debts of the partnership. A partner who pays off the debts of the partnership in excess of his or her own share shall have the right to recover from the other partners.

It can be sued for settlement. Article 2 of the Civil Procedure Law is intended to be a sign of merger.

The tasks of the Civil Procedure Law of the People's Republic of China are to protect the parties in exercising their procedural rights, to ensure that the people's courts ascertain the facts, distinguish between right and wrong, correctly apply the law, to hear civil cases in a timely manner, to confirm the relationship between civil rights and obligations, to sanction civil violations, to protect the legitimate rights and interests of the parties, to educate citizens to consciously abide by the law, to maintain social and economic order, and to ensure that the cause of socialist construction proceeds smoothly.

Article 3 Scope of Application.

The provisions of this Law apply to the people's courts' acceptance of civil lawsuits brought by citizens, legal persons, and other organizations, as well as between them on the basis of property and personal relationships.

Article 119 of the Civil Procedure Law: Conditions for filing a lawsuit.

The following conditions must be met for a prosecution:

1) The plaintiff is a citizen, legal person, or other organization that has a direct interest in the case.

2) There is a clear defendant.

3) There are specific litigation claims, facts, and reasons for the high base.

4) It is within the scope of civil litigation accepted by the people's court and the jurisdiction of the people's court receiving the lawsuit.

The specific method of handling is to share the losses of the partnership in accordance with the provisions of the partnership contract. If there is no agreement in the partnership contract or the agreement is not clear, the partners shall decide through consultation.

If the negotiation fails, the partners shall distribute and share according to the proportion of paid-in capital contributions. If the proportion of capital contribution cannot be determined, it shall be equally distributed and shared by the partners.

Legal basis: Article 907 of the Civil Code of the People's Republic of China provides that the partners shall be jointly and severally liable for the debts of the partnership. A partner who pays off the debts of the partnership in excess of his or her share shall have the right to recover from the other partners and roll over the situation.