James Carville and Mary Matlin are used to be public relations spokespeople for the Democratic and Republican parties, respectively. They are each articulate, sharp and feisty. Sparks fly when they debate in favor of their parties, so much so that they seem like arch enemies who couldn't possibly exchange a friendly word. I remember the shock reaction I had (how many years ago … [Read more...] about 6 Signs Your Business Partnership Will Fail: Competitive, Not Complementary Action
What is a Partnership
6 Signs Your Business Partnership Will Fail: Conflict Becoming the Norm
Dr. Dean Ornish, noted cardiologist, says the greatest cause of disease is the stress that comes from conflict. Conflict is bad for your health, your personal life and definitely bad for your business. When disagreements have reached the stage of conflict, emotions have overcome the issue. At this point no one is thinking clearly or speaking truthfully about the original … [Read more...] about 6 Signs Your Business Partnership Will Fail: Conflict Becoming the Norm
6 Signs Your Business Partnership Will Fail
Business partnerships are great -- if they work. If done correctly, strategic partnerships allow you to grow your business, reach new markets, extend your capabilities and improve the business. Working with partners allow you to strengthen factors or elements in your business that otherwise would be weak. Partnerships can also help you strengthen your position in the … [Read more...] about 6 Signs Your Business Partnership Will Fail
What is a Partnership: Types of Partnerships?
QUESTION on What is a Partnership: Types of Partnerships My friend has created his own Greeting Card Business. He is the creator and founder. He wants a partner, and would like me to be it. We both agree on 50-50 partnership. What type of partnerships are out there like joint venture ownership? I want to know all the types of partnerships that are out there and their pros … [Read more...] about What is a Partnership: Types of Partnerships?
When a Business Partner Dies or Leaves the Business Partnership
QUESTION on what happens when a business partner dies or leaves a business partnership Can you have a business partnership with only one person? I know business partnerships are usually two or more people but I was wondering if it is possible to have a partnership with only one person. Say, one business partner dies or leaves? – Jana Reiman, ID ANSWER Dear … [Read more...] about When a Business Partner Dies or Leaves the Business Partnership