Partnership Enterprise

[Sotherefore]

Partnership will be the best if you are dealing with trusted people because in any business one is doing ,trust is the most important thing we should look for .without trust do not even bother to go into business with any man.

 

[ganibade]

Partnership business is a business between two business men. This type of business depends on personality, the type of person to partner with.

 

[joy101]

Partnership business is good when you trust the person, but for me I hate partnership business because I don't want problem with no one.

 

[greenie]

Sincerely speaking I don't want to go into partnership business I have never dream of it I my life due to number of cases I have witnessed in partnership business which lead to their failure as a result of lack of business agreement and the sharing of the income generated from the business.

 

[Smiles20]

The first business that I have ever ventured into what a partnership business. It was a lot of us and as such I was able to learn a lot of things even though the business was not successful ultimately.

 

[Sotherefore]

If there is any conflict in partnership business , it is always as a result of greed. Lack of understanding among business partners are the major causes as you have set. Trust are very much needed.

 

[Sincerem]

Partnership enterprise is a business model where two or more people join hands to establish a business. The partners may or may not have equal share in the business. There are different kinds of partners in partnership business. One is active partner, another is passive partner, and the third one is sleeping partner. Conflict of interest is the major issue of partnership business.

My first business was a partnership business, sadly, it collapsed.

I never had any serious experience with this. I have seen so many people that engaged in partnership business and the business is doing perfectly okay and at the same time some partnership business have not also succeeded like the one I know Too. Mostly it will depend on your partners Most of the time

 

[Shigobad2020]

Patniership in business is always a good business If you are trusthworthy and also your patner is a good person , so naturally enjoying partnership in business depend on the person you are dealing with.

 

[tyrim88]

Trust is required every where not just in a partnership business. For example, if you do not trust your spouse, your relationship will fail.

That is just the one of the pillar that can hold any business structure firm,you need to be on the same page,having the same values and ensuring that the operations and monetary terms are well documented.

 

[joy101]

Trust is the main issue in the partnership business. I have seen many partnership business fail because the partners lost trust.

Yes of course, true is the main reason you can partner with someone, nothing wrong with partnership business if actually you trust with the person you actually wants to partner with you can go ahead.

 

[Shigobad2020]

That is just the one of the pillar that can hold any business structure firm,you need to be on the same page,having the same values and ensuring that the operations and monetary terms are well documented.

Trust is the pillar of patnership in business because without trust , theres no way the business will be able to succeed , so you need to form alliance between yourself and have a written agreement signed .

 

[Nomad]

There are pros and cons of partnership enterprises. I thing the pros outweigh the cons. having a partnership business means there is someone to bear the loss. According to the studies, very few businesses succeed and in case your business is heeding towards failure, you will have a partner to share the losses. The business also needs expertise and your business partner can fulfill that need.

 

[Good-Person]

There are pros and cons of partnership enterprises. I thing the pros outweigh the cons. having a partnership business means there is someone to bear the loss. According to the studies, very few businesses succeed and in case your business is heeding towards failure, you will have a partner to share the losses. The business also needs expertise and your business partner can fulfill that need.

When it comes to running a partnership-based business, you may gain success as you and your partner tend to run the business by utilising your skills. So, when two or more people work together, they could prove to be more productive. This is one of the main advantages of having a business partner.