What Happens when a Business Partnership Has Problems?

Question

I went into business with a friend of mine a year ago. At first everything was going alright and we were both contributing equally. As time goes by though, I feel like I am shouldering most of the work. How do I get my partner to put in his share of the work and/or how do I call this whole thing off?

Answer

This is a common problem. Firstly what you should do when starting a business with another person