Partnership or Profit Sharing?
All too often, business people enter into partnerships too soon based on the excitement surrounding a new idea or business venture. It is too late once they have found that their opinions differ, personalities clash, and they wish they have never partnered in the first place. This article looks at the possibilities that exist with profit sharing arrangements versus partnerships.
Picking the Right People
What are the important things to consider when picking business partners? It is no surprise that the quality of your company will be directly linked with the quality of its people. To take it a step further, the quality of the founding partners will determine whether or not the business will stand the test of time.