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Who is an ideal business partner?
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[QUOTE="Abigael, post: 236537, member: 25357"] Partnership is very good for those people who choose to start a business with other people. It comes with its own disadvantages and advantages. The biggest advantage being that you will have someone to contribute a good amount to start the business. Also, you will have someone to share risks with and combine expertise and decision making to overcome challenges. The disadvantages of starting a business with a partner are there too, but they can be minimized if you choose a partner wisely. One thing to consider is that this should be someone that you know really well. Not just someone you just met and won't be able to trace them if they run away with all the money and business resources. Another important thing you should consider is that you should share the same interest and objectives with your partner. Meaning the business you are starting is their passion too. That way, you won't end up running the business alone. Lastly, your partner should be a professional too. They must have the business skills and knowledge that aid the success of the business. Otherwise, they will just be there as a representation of the money they contributed and not adding anything valuable to the running of the business. [/QUOTE]
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Who is an ideal business partner?
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