In your opinion, are friends suitable business partners?

[klassicdoll]

It is probably safer to collaborate with a close friend than to work with a stranger you met at a networking event. You are aware of more than just the surface aspects of their personality and understand what drives them. Most likely, you've also witnessed the ugly, the horrible, and the good. Thus, you are aware of what to expect.
Nevertheless, do you believe that would be a great idea?

 

[eLdavis]

Personally I think the best answer to this question is yes and no. It all boils down to the type of friends you have and their personalities. There are some friends who turn out to be great business partners and then there are some who don't.

 

[Starmix]

If m friend is trustworthy, yes, I can hire her as my business partner. I have to set restrictions and boundaries to avoid future conflicts.

 

[Fidelia]

I have to weigh that friend and consider the person suitable enough to run a business without using our friendship as a cause for complacency. If the friend has that traits, it is better working with a friend than with a complete stranger.

 

[Augusta]

if you have good friends I don't think it's a bad idea bit we just have to be careful to avoid bringing friction into the relationship.

 

[Kirubel]

It would be best to do business with a friend who is professional when it comes to doing business, but sometimes its hard to do business with someone you know because your relationship with that person will have some impact on your business.

 

[deucher]

I did not say that this is a great idea, but if you are confident in a person, then you can start a business together and sign a contract, but then if it becomes popular, then what would be best for me is to sell my fortune to someone else and start some kind of my own field of activity

 

[magnus2022]

Good friends can be good business partners. But care should be taken. I know my friends that can be reliable and know those i can't trust with money. Every partnership must have some form of familiarity.

 

[Stardom22]

As for me l would choose a friend that is very interested in something that l do. The most good part with friends is that they would easily understand you when delegation of the day to day business activities compared to the strangers.

 

[Augusta]

It would be best to do business with a friend who is professional when it comes to doing business, but sometimes its hard to do business with someone you know because your relationship with that person will have some impact on your business.

Yes, it isn't bad to do business with friends but they should be friends that are experts and know the business and have the interest of the business at heart.

 

[deucher]

As for me l would choose a friend that is very interested in something that l do. The most good part with friends is that they would easily understand you when delegation of the day to day business activities compared to the strangers.

I think it is the right decision to choose only such people, because they will definitely help you develop and not just wait for a call to make a profit in order to share it

 

[King Belieal]

I think it is only one friend that I can work with as a business partner. Let's keep every other thing aside. Business partners should have same ideologies.