All posts tagged "business partnerships"
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Divorce with business partners: when spouses co-own a business
This guide outlines people’s options when they are implementing a divorce with business partners who are also their spouse. Almost 50% of marriages will end in divorce, and when a co-owned business is involved, you...
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You got this: handling staff who want a partnership
Dr Froswa’ Booker-Drew answers your questions, putting her years of experience and practice into the goal of solving those knotty problems that beset us, and assuring us: ‘you’ve got this’. If you’d like Froswa’ to...
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Relationship money mistakes we need to avoid
How well do you and your partner manage your finances? Is it a breeze or a struggle? Do your money discussions result in positive decision-making or dramatic door-slamming? Money is one of the leading causes...
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9 Important questions you need to answer before starting a partnership
So, you’re planning on forming a partnership with a friend or colleague. Entering into a partnership can bring many benefits – shared knowledge and experience, shared financial burden, twice the work can get done, and...
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How to avoid the common pitfalls of business partnerships
Until last week I had never cried at work. But last Wednesday, after a particularly fraught and unpleasant board meeting, I was forced to retreat to the toilet – where I sat silently with a...
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What exactly is a partnership tax ID?
If you want to know more about what a partnership tax ID is, we are here to help you learn more about it. A partnership Tax ID, by definition, is when a business is owned...
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Perfecting the art of the successful business partnership
Going into a new business partnership is often flagged as a risky endeavour—according to one study, the ‘divorce’ rate for business partners is as high as 80 per cent—but every decision (business and otherwise) carries...
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Starting a business step 6: who is your fan?
Following on from our overview of how to turn your hobby into a business, let’s look in more depth at the sixth step:We all need fans (aka customers) – do we know who they are?...
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4 signs your partner can’t be trusted
From business to romance, trust is a foundational principal in any healthy relationship. However, it is one of the most compromised traits that anyone in business can overlook; especially when the opportunity appears to be...
