photo 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 handle situations in business

3) Vision for the business; it is important all partners have similar vision for the business.

4)Trust ; this is very important in partnership,make sure you check each partner’s past dealings in business.

5)Discuss potential issues

6) Make it legal, read documents before you sign, engage a lawyer to review the documents.

7) Get a lawyer that represents just you in the partnership.

Partnerships in business (3) will discuss habits to practise in partnership

Partnerships in business (1), discusses types of partnerships and aspects legal agreements in business partnership should cover,to read – https://biznessvirgins.blogspot.com.ng/2016/06/partnerships-in-business-1.html