This is a discussion on Choosing Partners within the Business Entities forums, part of the Starting your business category; Choosing Partners When it comes to the stage in your websites, forums or even home business's theres always the ...
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Choosing Partners When it comes to the stage in your websites, forums or even home business's theres always the stage that you need a helping hand. Choosing a partner is probably the most difficult part in your business. If you choose the wrong partner he could manipulate the business. Remember you would be also sharing the revenue you make with him and with him having access to the site he could change passwords.So first you must get to know him. Don't go around forums and say "Partner Wanted" first spot a guy on forums who looks like a well trusted fellow... See how you can contact him and start talking to him... See what his past has been like and what websites he owns. If you make one mistake in choosing a partner your whole business could go down... So pick carefully! Theres a whole world full of good business men/woman who could be your partner! Thanks, Copyright... GarethBoyd - Conact me if you want the article to be used!
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Partners should be from the same trade and should be very well settled and financially sound preferably as sound as you are or better.
If you cant find a partner like that then you should rather do it slowly yourself and keep employees to work for you. |
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Choosing a partner is a very crucial decision. If you make the slightest mistake, your entire business is in trouble. Always perform a background check to your potential partners. Take your time in doing this. DON'T RUSH!!!
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Another option, if your business is becoming successful but too big to do on your own is to look at getting investors.
Then you can get staff to do the work whilst maintaining decision making control. If you do get a partner, make sure you have an agreement, and maintain decision making control. It is your business after all.
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I haven't found any partners online, but I am open t it if the time is right.
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