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Business strategy
How to best prevent disagreements in a collaborative business.
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[QUOTE="Etini, post: 279481, member: 90141"] To avoid issues, everything should be brought to the table and thrashed out with agreements reached. Don't assume anything or leave anything to change. Every issue no matter how little should be clearly defined and documented. The mistake most partnership businesses are the mistake of assuming that everything would be fine or that when we get to that bridge, we would cross it. And somehow, you get to that bridge and there is a clash of interests or ideology. I once entered a partnership with someone. We were somehow close and he said we should do business as friends because it is easier that way. I told him No and insisted we should document and sign everything so that we would have a reference tool when issues arise. Business should be treated as a business no matter who is involved. I sign documents even when I am doing business with my parents. [/QUOTE]
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How to best prevent disagreements in a collaborative business.
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