What are the common disputes between partners in startups/ firms/ companies/ young businesses

Division of labor and responsibilities: Partners may have different ideas about who should handle certain tasks or be responsible for certain aspects of the business, leading to disputes and confusion.

Financial disagreements: Financial disagreements are common in small firms, as partners may have different ideas about how to allocate profits, distribute income, or handle expenses. This can lead to disagreements about compensation, benefits, or ownership rights.

Differences in opinions or strategies for the business: Partners may have differing opinions about the direction or goals of the business, which can lead to disputes about decision-making and overall strategy.

Communication and trust issues: Communication breakdowns and trust issues can arise when partners don't effectively communicate with each other or when one partner feels that the other isn't holding up their end of the partnership agreement.

Ownership and control disagreements: Disputes can arise when partners have different ideas about who should have control or ownership over the business. This can lead to disagreements about how decisions are made, how profits are distributed, and other important aspects of running the business. 

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What are the ways to prevent these issues ?

Here are some details of clauses that can be included in an agreement between three partners to prevent the five common disputes:

Division of labor and responsibilities: A clear definition of each partner's roles and responsibilities should be included in the agreement. This should include a description of the tasks each partner will handle and the decision-making power each partner will have.

Financial disagreements: The agreement should include a detailed financial plan, including how profits will be divided among the partners and how expenses will be covered. The agreement should also specify a method for resolving financial disputes, such as mediation or arbitration.

Differences in opinions or strategies for the business: The agreement should include a process for making decisions and resolving disputes between partners. This might include a voting system or a requirement that all partners agree on major decisions.

Communication and trust issues: The agreement should require regular meetings between partners to discuss the business and address any concerns. The agreement should also include a confidentiality clause to protect sensitive information and maintain trust between partners.

Ownership and control disagreements: The agreement should specify the ownership percentage of each partner and define the process for transferring ownership in the event of a partner's departure. The agreement should also specify the decision-making power of each partner and outline a process for resolving disputes over control of the business.

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Ref more https://yourstory.com/2017/10/partnership-disputes-causes-resolution