All posts tagged "business partnerships"

Divorce in business: What happens if you co-own a business with your spouse and you separate?

Like a house or car, a business is considered to be an asset in family law property proceedings. When identifying assets during a separation, an interest in a business is one of the assets that...
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...
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...
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...
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...
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...
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...
How to start a business without the internet

Focusing on relationships is key to business grow. It sounds old-fashioned and it sounds like hard work, but somewhere along the line we ditched meeting face-to-face, for phone calls, then email. Yet trust me, face-to-face...
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?...