How to Build Successful Business Partnerships
Business & Finance, Entrepreneurship & Small Business, New Business Enterprises, Management & Leadership, Decision Making & Problem Solving
| Author: | Judy Weintraub | ISBN: | 9781613395073 |
| Publisher: | AudioInk Publishing | Publication: | October 30, 2013 |
| Imprint: | AudioInk | Language: | English |
| Author: | Judy Weintraub |
| ISBN: | 9781613395073 |
| Publisher: | AudioInk Publishing |
| Publication: | October 30, 2013 |
| Imprint: | AudioInk |
| Language: | English |
Everybody has a story about a partnership or business alliance that has fallen apart. Unfortunately, it is a somewhat common occurrence. Yet entering into alliances with other businesses or individuals can greatly expand a companys opportunities and markets. This SkillBite discusses how to build durable partner relationships through addressing critical issues, such as responsibilities, compensation structures and exit strategies. Discussion of these issues builds a common understanding, enhances alignment and teaches the parties how to deal with other issues that may come up, thus building durable partner relationships. The book covers the following topics: How to investigate a prospective partner prior to entering into a business alliance; What are the key business issues to address up front or as early as possible in the life of the partnership; and What are the critical legal issues to include in a partnership agreement to protect yourself in the event that the partnership doesnt succeed.
Everybody has a story about a partnership or business alliance that has fallen apart. Unfortunately, it is a somewhat common occurrence. Yet entering into alliances with other businesses or individuals can greatly expand a companys opportunities and markets. This SkillBite discusses how to build durable partner relationships through addressing critical issues, such as responsibilities, compensation structures and exit strategies. Discussion of these issues builds a common understanding, enhances alignment and teaches the parties how to deal with other issues that may come up, thus building durable partner relationships. The book covers the following topics: How to investigate a prospective partner prior to entering into a business alliance; What are the key business issues to address up front or as early as possible in the life of the partnership; and What are the critical legal issues to include in a partnership agreement to protect yourself in the event that the partnership doesnt succeed.
