Do You Think Partnership Business Actually Works?

[Nomad]

A general concept about partnership business is it is doomed to fail as one of the partners will always try to scam other partners. However, that’s the generalization. Partnership ventures have built great businesses. Think of iconic duos like Steve Jobs and Steve Wozniak, they partnered to create a company that is known as Apple Inc today. Success in partnership comes from combining complementary strengths to build something greater.

 

[King Belieal]

I have actually seen partnership businesses that work. It all depends on the individual commitment of the partners in the business.

 

[eLdavis]

Yes partnership business do work out, there have been cases of this kind of business doing pretty well.

 

[Fidelia]

I am certain that partnership business really works. I know popular businesses that are doing very well that are being ran as partnerships.

 

[Starmix]

Partnership businesses are mostly done in the city where I live. They are doing fine. Partner only trustworthy and known to you for many years. They must be business minded partners who know risks and solutions of the risks.

 

[magnus2022]

Partnership can work if there is trust and compatibility between the individuals involved. Partnership is good but i prefer to go solo because i don't want to have issues with people or friends due to business issues

 

[Min George]

When the terms of a partnership is clearly defined and backed up by law, there would be no partner trying to scam the other.

Post automatically merged: Monday at 5:50 PM

When the terms of a partnership is clearly defined and backed up by law, there would be no partner trying to scam the other.

 

[Suba]

Business partnerships must start from choosing the right partner, have skills and experience, be honest and must have the same orientation, make a partnership agreement and manage the company professionally.

 

[Augusta]

Yes, it does. Creating a partnership can also make the day-to-day operations of a business more manageable than they would be if only one person were running things

 

[Kross]

I generally believe that partnership businesses stand a chance of working more than sole proprietorship. That's because of combined efforts.

 

[Augusta]

Yes, Partners can bring different skills, knowledge, and networks, leading to a more comprehensive approach to running a business.