Business Partners

Q: I can’t believe it–my former business partner has been smearing me around town! I was recently partnering with someone on a real estate deal. She ultimately pulled out of it, which created a lot of problems for me. Although I was really upset at the time, I took the high road, put my nose […]

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Yet another handy Q&A from Forbes Small Business, and this one featuring my colleague, Marian Banker.  🙂  What do you do when your company has expansion plans, but one of the partners refuses to co-sign a loan for the necessary funds? Other than a long, hard discussion with your partner about being aligned on goals, […]

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I’ve written a lot about choosing the right business partner, but as I was trolling the Internet, perusing article on the numbers of people laid off and contemplating entrepreneurship (whether by choice or by default), the thought struck me: Your “home office” environment is a huge factor in the success (or failure) of your enterprise.  Melinda […]

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OK, so I’m somewhat biased, but I think lawyers can make for great business partners.  We have a knack for detail-orientation that many entrepreneurs would rather gloss over.  We’re careful, read everything, and tend to be risk averse.  A perfect foil for the stereotypically free-spirited business owner. But sometimes, it’s not such a good idea, […]

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When two partners launched a souvenir sticker company – one partner being in charge of design and the other bringing the capital – they enjoyed rapid success, sales and increasing revenue. Yet, despite being on the same page at the beginning, they never talked about where they saw the business going in the future – […]

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From Ask Entrepreneur, comes this Q&A on an issue that arises quite frequently in business partnerships: Q.: How do you deal with business partners who have a different vision for the future of your business? Read on to learn mediator and conflict management expert Dr. Eleanor Robin’s response to this thorny question!

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With Valentine’s Day just around the corner, it’s no surprise that thoughts turned toward relationships. And frankly, with romantic partnerships, whether we like it or not. We’ve all heard the stories (and seen the Jerry Springer episodes) where romantic couples, having married within nanoseconds of each other, grow to realize that their partner: Has really […]

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As seen in… Zsa Zsa Gabor once said, “[My ex-husband] taught me housekeeping. When I divorce, I keep the house.” But what if your house isn’t the issue—it’s your company …? Can your spouse keep a piece of it? It’s an issue that affects many small business owners. U.S. divorce rates hover around 40-50% (American […]

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Want to know what can bust your business partnership?  It very nearly happened to these business partners in a trendy souvenir sticker company who had different visions for the future! Tune in to my guest expert spot on MSNBC where I talked about what they can do about it, while avoiding a lengthy and costly […]

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