I have started a business together with another partner as an equal in terms of earning and effort. There's no written contract, just a gentlemen's agreement. We are an IT software company, so we don't have too many physical assets, and we do have a few other employees.
Lately he doesn't participate as much anymore in the business activities. Initially, he invoked some family problems but yesterday he confirmed very clearly that he just doesn't feel like 8 hours per day is a reasonable amount of work he should invest in the business. I usually invest about 10-12 hours each day, plus time on the weekends.
So how should I proceed? Is there a good way to make this partnership more equitable, or am I not going to be able to change things?