Do you need a business partner? A partner can be your best asset or your worst burden. But not all startups need to be partnerships. Your circumstance dictates your decision. Even more important than this decision is the choice of the right business partner.

Sponsored Content


Comments


Written by AngelBiz
655 days ago

Business partnership is a double-edged sword. It can bring valuable skills, expertise or money you may not have. It can also bring host of other problems if not done right. Choosing the right partner is the first step in making the partnership work.

Whoever you choose as a partner you need to ensure you have solid and detailed partnership agreement in place that outlines roles and responsibilities as well as future of the partnership. Without having a legally binding agreement you can run into multitude of issues.



Written by Richardwhite
647 days ago

That's true! But the contract would work out only if the partnership works out. Thanks for your views.



Written by BizRock
660 days ago

As a business owner, trying to do everything yourself is impossible.It is important to consider and choose a partner who will help you in business success.Thank you for this article!



Written by Richardwhite
647 days ago

Partnerships work out only when you have the right partner to begin with. It takes time and effort, but it can be rewarding too. Thanks!



Log in to comment or register here.

5 Things Your Latino Employees Wish You Understood

Latino employees are the fastest-growing segment of the U.S. workforce – in fact, by some estimates one in three working …
Subscribe

Reginald Chan @ReginaldChanNet Teaches Online Business Basics

Whether you plan to start a new online business or are launching a blog as part of your company's online outreach, … More
Editor's Picks

It's time to up your game with video on BizSugar!
Post your small business video to BizSugar today!
Did you know you can now post video on BizSugar?
Have you tried BizSugar's new video posting feature?