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Whether already in business or just starting their exploration, business partners will address issues such as:
- What are our strengths and weaknesses? Are there gaps left open that our skills (together) don't satisfy? - Can the company's income meet our combined personal needs? What happens if it doesn't? - What are our needs and boundaries when it comes to personal privacy and confidentiality? - Does either one of us have health or family (child or parent) issues that may affect our time commitments to the business? - Can your (potential) partner hold a conversation in a networking or non-business setting? Hold her liquor? Hold her tongue?
This invaluable tool for business owners transcends the issues of what to put in a partnership agreement-this is about the essential ingredients that make up a good partnership. The Key Questions lets business partners know which questions to ask and encourages them to find their own answers to define success on their own terms
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