Starting a business with someone

[Aramide]

There's no problem starting business with someone, just make sure a lawyer is involve and all your agreement should be written down to avoid problems in future, make sure the person is as hardworking, consistent as you are and also watch to know if he has passion for the business or he's only doing it because of the money involved

 

[Abelcairo43]

The moment business is in between you and a friend where you both need to commit money into it , sideline trust by ensuring you are both committed in a written agreement , this is the best way to preserve your friendship and level of commitment in the business.

 

[Tundeoguns1]

Starting up a business with somebody. Well to me it's a good thing to startup a business with somebody you trust only. Don't startup a business with a stranger because it will have it's flaws. Starting up a business is quite enjoying untill when you start fighting over who will be the head of the business which might lead to the break of such organization or firm

 

[Sheun450]

There is nothing bad in starting a business with someone. But before starting a business with someone the person just be who you can trust so that you both will understand yourselves and the business will boom

 

[Neta Sam(Samuel Odunlade)]

Doing business with someone is good, if you know the person, trust the person, if you both have the same vision for the business. So you set an agreement with the business partner with a lawyer involved. Then you agree on the percentage of investment and the profit sharing in percentage with your lawyer involvement to avoid further disagreement

 

[Georgeadawara1]

Starting business with someone is a great idea but two of you must trust each other. Two of you most have same aim and goal if not they will be a problem in that case so it is good to do business with other because two head are better than once both of you will be coming with different ideas an that will help alot.

 

[Trojan8]

One of the most important things is having a partner that compliments you. Your partner has to have something tangible to offer the partnership business. I also believe that documenting the entire process is very necessary. As this would present instances where a partner feels cheated.

 

[solomonmali]

Starting a business with someone it refers to as partnership that is the coming together of two or more people with common goals, it has to be legally backed up by law.
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Starting a business with someone it refers to as partnership that is the coming together of two or more people with common goals, it has to be legally backed up by law. This usually occur when two people come together with common idea and believe.

 

[Tariq Nazir]

If you want to start a business with some one you must ready partnership deed is a document that spells out the right and duties of each partners and how the business is going to be run.
Most partnership deed has instructions on even the dissolution of the partnership, yeah that's how detailed the document is, the document is mostly signed and sealed in court.

 

[Luckboy]

Partnerships can be wonderful, but also can become your worst nightmare. Use math to decide on the right partners. That's right, math. If one plus one equals two, that's not the right partnership for you. One plus one must equal three! A partnership must be more than the sum of its parts; otherwise, you'd just as well outsource different parts of your business.

 

[westmania]

You need to know that person very well from long years in your life - a must have. He or she must be very trusted, skilled to run a business well. Not greedy. friendly who give enough time and value your good suggestions and same time edit your bad suggestion and take effective measures to avoid risk for the business.

 

[Artukbey]

Starting a business up with a partner is a great idea—not only does a business partner effectively halve the staggering amount of work that comes with forming a new company, but having a partner also means having someone to talk to and bounce ideas off of

 

[Mahnoor]

The easiest way to start a business with someone else is to establish a general partnership. You don't have to file paperwork with the state to set one up, your business income will pass through to your personal tax return, and you won't have ongoing recordkeeping or reporting requirements.

 

[Diddi01]

First of all you have to trust that person very much to start a business partnership with them. Second of all, no matter how small or how big the business is, make sure there is a written agreement or contract to avoid unnecessary problems in the future.

 

[summan]

Their entrepreneurial impulse is to be applauded. The advantage of going into business with a partner is being able to make the most of shared resources and complementary talents of others in a new enterprise.

 

[Josephjossy]

Starting a business with someone is good. But there are so many risks in it. You need to make sure that you know the person you are starting the business with to avoid the person run away with your capital or something like that

 

[Abid]

I think there is no hint for partnership business. For partnership business most important thing is your trust on each other. I'll suggest if you going to start a business on partnership firstly write a paper and then put signature yourself and your partner on the paper

 

[singlej007]

Partnership business comes with a lot task, you need to make sure you know him or her morally, then go into agreement officially, and make sure everyone keep to the rules of the business. There should be no friendship in the business.

 

[Waseem74]

If u want to start business with someone else.U have a good opportunity.Two people established their own business in their small amount.U invest your money with the reliable person who is sincer and which has knowlede in the fied of business its gives you many resources .

 

[Alihassan]

It is a good option to go for a partnership business. If you have idea and your friends have money so you can establish any kind of business.