Day: June 1, 2016
Partnerships in business (3) – habits to practise in partnership
June 1, 2016photo credit : www.ask.com 4 Habits to practise in partnership 1) Effective Communication with partner(s) 2) Proper documentation of business activities 3) Involvement in business 4)Proper book keeping and tax declaration within business to read partnership in business (1) and (2) use the links below – https://biznessvirgins.blogspot.com.ng/2016/06/partnerships-in-business-1.html– https://biznessvirgins.blogspot.com.ng/2016/06/partnerships-in-business-2-what-to-look.html
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Partnerships in business (2) – What to consider when going into a business partnership
June 1, 2016photo credit: www.ask.com Below are a few things to consider when going into business partnerships 1)it is important to do a proper background check on your intended partner, it does not have to be exactly formal but it should be thorough. 2) Approach to business: it will be good to know how your partner(s) might […]
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Partnerships in business (1)
June 1, 2016photo credit: www.ask.com According to US small business administration; a partnership is a single business where two or more people share ownership. There are 2 basic forms of partnership in business 1) General partnership- in this form of partnership,each partner involved is liable for any debt incurred in the course of the business. 2) Limited […]
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The basics of franchising
June 1, 2016photo credit: eknme.me Franchising involves purchasing a legal license to use a trademark or business concept. The party that obtains the license is called a franchisee; with the license, the franchisee is basically able to run the same business as other business that run with under the same business name. The company that owns the […]
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