Starting a business with someone

[tyrim88]

Many people see patnering in business with other people as a bad thing to do because they have seen far more worse thing and how heart breaking it can be , but looking at the bright side of it , if you have a trustworthy patner , you are going to enjoy patner in business .

That is just the bottomline of the whole process of entering into any form of partnership,one need to know the character of te friend he wants to go into partnership with,and you must share the same values as well.

 

[Gandiba]

It is becoming more and more scary getting involved in business with other people these days. You just have to try as much as possible to make sure that you do not get it wrong because it would be painful.

 

[Sotherefore]

The business is likely to be successful when you are doing it with people that are trusted. Sharing of responsibilities is very important to avoid problems and to avoid feeling cheated and unnecessary jealousy

 

[Shigobad2020]

Starting a business with a business partner most of the time might be risky but you might also got lucky to get a good and perfect business patner that will always be there to support you .

 

[Laurentta]

If you want to start up a business with someone, then he or she should be someone you trust. Also, the terms guiding the partnership should be made legal.

 

[GIFTMICHAEL]

What are the tips you think I should employ if I would like to start a partnership with someone?

First of all you should not participate in any business with anyone else and if you are participating in a business with someone else contributing you should first have a legal agreement in place. It is written in clear words that this profit will be mine and that much will be yours. Because sometimes it happens that after starting a business, a fight breaks out because of the hypocrite and thus their business is destroyed and both lose.

 

[nana kwasi]

In my very personal opinion, I believe that starting a business alone is preferable because partnerships frequently don't work out well. However, if you insist on doing so, the first step you should take is to have the legal paperwork prepared by a financial advisor and jointly signed by both partners.

 

[Alisco]

Before you partner with someone in business,you need to clearly know about his or her motives,aims and financial backup. You also need to know about his historical data,his business accounts,is he trustworthy?is he supportive and hardworking?. knowing this tips will help alot

 

[HayKay]

First define the roles both of you will play when it comes to governance, finance and profit sharing. Then enter into a legal agreement that must be prepared by a legal expert and signed by both of you.

 

[Chibson]

Sometimes there are some businesses you cannot run successfully by yourself and you need a business partner. Before you do so it is important the both of your sign legal agreement to avoid problems.

 

[Mohammed Rashid]

Spend time together to motivate one another, to dream higher, to brainstorm, to be creative, and to always rise above any obstacles or barriers that emerge in your path.

 

[Shigobad2020]

Sometimes there are some businesses you cannot run successfully by yourself and you need a business partner. Before you do so it is important the both of your sign legal agreement to avoid problems.

There are some huge business that cannot be run alone , so you need a trustworthy business patner that you can run the business together , I understand people are scared of having a patner in business , but not every patner is there to cheat on you.

 

[Chibson]

There are some huge business that cannot be run alone , so you need a trustworthy business patner that you can run the business together , I understand people are scared of having a patner in business , but not every patner is there to cheat on you.

Anybody who is always afraid to have a business partner will find it very difficult to succeed in any business. You need to understand that business itself is a risk and you must take it to succeed.

 

[Sincerem]

There is absolutely nothing wrong with engaging in partnership business , so far the person is trusted that is what really matters for me. With that I wouldn't hesitate to join together to make the business a successful one.

 

[Shigobad2020]

Partnership in business usually grows faster than running a business alone because there's huge money involved , connection and also the combination of both the partners strength to build the business .

 

[Good-Person]

Sometimes there are some businesses you cannot run successfully by yourself and you need a business partner. Before you do so it is important the both of your sign legal agreement to avoid problems.

I think that you may need a business partner in case you need money. There are many kinds of business partners. One of them is sleeping partner who may finance your business when you need money.

 

[Sincerem]

I can easily start up business with trusted friends and family members without any problem . Normally we have to know who we are partnering with especially when money is involved. That's just the rules.

 

[Chibson]

There is absolutely nothing wrong with engaging in partnership business , so far the person is trusted that is what really matters for me. With that I wouldn't hesitate to join together to make the business a successful one.

Trust is very important when it comes to partnership businesses. the both of you also need to understand each other well in order to be able to run the business successfully. It is also very important to sign legal agreements especially when you are more than two.

 

[Good-Person]

Trust is very important when it comes to partnership businesses. the both of you also need to understand each other well in order to be able to run the business successfully. It is also very important to sign legal agreements especially when you are more than two.

Trust is crucial aspect and gaining and maintaining trust is always important. Unfortunately, many people and even big companies tend to break and violate the promise they make with their customers.

 

[Chibson]

Trust is crucial aspect and gaining and maintaining trust is always important. Unfortunately, many people and even big companies tend to break and violate the promise they make with their customers.

What I have come to understand is that no matter how big a company is, people will always complain. what you should focus on if you're a business man is to satisfy at least 90% of your customers.