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10 Questions To Ask Yourself Before Making a Partnership Official
Having business partners is a great way to gain moral and tactical support — what’s important is that you make sure you’re partnering with the right people. Having been on both sides of this equation starting companies, I can tell you that this is great advice worth heeding.
Inc shares 10 questions you should ask yourself before entering into any partnership to be sure the arrangement will benefit you and your business:
- Is the partner as committed to your business as you are?
- How much time does your partner want to spend on the partnership?
- What are your partner’s key strengths?
- What motivates your partner?
- What is your partner’s financial situation?
- How does your partner act under pressure?
- Is your partner who they say they are?
- Is your partner willing to put the agreement in writing?
- How will you handle a split?
- Do you really want to work with this person?
Read full article on Inc.
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