Why even strong partnerships break down without a system to revisit goals, roles, and expectations. When partners start a business, the energy is electric. There's vision. There's momentum. There's clarity about who's doing what. And in many cases, there's even a solid business plan in …
Partnership Articles and Interviews (tag)
5 Examples of Partnerships That Changed Brands Forever
So, you’ve launched your brand and you’re at least holding your own. The next step is to grow your business. But without a big advertising budget, how do you do that? One way is to partner with another brand. With a brand partnership, you get exposure to your partner’s customer base, and …
Do You Have Small Business Ideas Floating Around in Your Head? Here Are Some Ways to Get It in Motion
Have you been mulling a small business idea in your head, but been hesitant to go all-in? This happens to a lot of people, but then when they do not act, they are left wondering, "What if?” If you are truly passionate about the idea in your head, you might as well take the chance on it. Read on for …
Things to Consider When Choosing a Business Structure
One of the first things you need to do when setting up a new business is to choose a business structure. Whether it is a home business, a new e-commerce venture, or a startup that develops a solution for customers, the right business structure can determine the future of your business venture. Yes, …
Preventing Corporate Divorce: Why You Need a Business Prenup
Like domestic marriages, business partnerships can start off well, but over time and for a variety of reasons, the parties involved may choose to go their separate ways. This “corporate divorce” typically involves complex financial interests and more often than not, strong emotions. Whether …
10 Financial Questions to Ask Your Potential Business Partner
Entering a new business partnership can be as frightening as it is exhilarating —especially if it’s your first venture into entrepreneurship. As most entrepreneurs and business owners know, the creative, big-picture ideas are often where the passion lies. On the flip side, the finances can be a bit …
