Successful Business Partnerships

Successful Business Partnerships

by YourBoard | The Situation Room

Successful Business Partnerships 

This video will teach you how to make your business partnerships successful to strengthen your business structure.

Frequently Asked Questions

How can you improve the probability of a successful business partnership?

Be sure to set up communication processes (rules) that should last forever.  Remember, usually at the outset, and even for several years, the partnership is going through its honeymoon period.

What are the two greatest reasons for stress on a partnership?

One common reason for stress is if the partners want to take the business in different directions, such as starting anew division, introducing a new location, or beginning a new investment. Another common stressor can be if one partner or the other feels that the workload, risks factor, investment levels, authority, or pay are unevenly spread between the parties.

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