Do you see partnering with other businesses as a good marketing strategy?

[Heatman]

There are many different business ventures where you can share capital and become an official partner of the company. This may not necessarily be a kind of company where you are required to purchase shares in order to invest in a business venture because there may not be hard and fast rules about how many people could become official partners.

I don't think that there's anything like like selling of shares in a partnership business. It's only in a public and private limited liability companies that shares of the company are sold to the general public who are interested in buying to invest in the company. It doesn't work that way with partnership business.

 

[Ja Sa Bong]

Partnering with other businesses is not a marketing strategy but a management strategy. Marketing strategies is what the business management have decided to make use of in advertising of their business. It's not a strategy of partnership. A single business owner uses marketing strategy to advertise his business too.

 

[Good-Person]

Partnership business is definitely going to push in a lot of money into your business. It's the main reason why most people seek for entering into a partnership with their business. They get to share all the business risk and equally the profits. You can't have one without the other.

I think that it could serve as a great way of gathering enough funds. However, when it comes to partnership-based business, you must make sure that interests of all the partners and the main purpose behind forming partnership business is being served. This is quite important.

 

[Heatman]

I think that it could serve as a great way of gathering enough funds. However, when it comes to partnership-based business, you must make sure that interests of all the partners and the main purpose behind forming partnership business is being served. This is quite important.

Well, I believe that's one of the first things that are looked into and agreed upon before the partnership becomes official. When the interest of both parties are not guaranteed, there's no way they would agree on entering into a partnership.

 

[Good-Person]

Well, I believe that's one of the first things that are looked into and agreed upon before the partnership becomes official. When the interest of both parties are not guaranteed, there's no way they would agree on entering into a partnership.

This is why I think that setting the terms and conditions is quite important. It would be a great thing if a business could create a written agreement. They should negotiate things and this is the only way they can arrive at a specific conclusion and this is a very important thing when it comes to partnering with others.

 

[Heatman]

This is why I think that setting the terms and conditions is quite important. It would be a great thing if a business could create a written agreement. They should negotiate things and this is the only way they can arrive at a specific conclusion and this is a very important thing when it comes to partnering with others.

This is exactly the same thing that I'm saying because when it comes to agreeing to go into a business partnership, there is always terms to be agreed by both parties which is always going to be in their mutual benefits. This is because everything about running the business, enjoying the profits that comes from the business, taking on the risk and losses that comes from the business is always going to be shared by both parties.