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8 things to know about business partners

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October 6, 2013

Most businesses are started by an individual. Someone who is ambitious enough to go against the norm and who steps out on faith to do things other oftentimes only dream about. Being an entrepreneur means wearing different hats and is typically exhausting on one’s personal life. But for that entrepreneur the sacrifices of being the boss are well worth it. But then there are those businesses that are started by two people who come together to form one company. Usually these two people have different ideas, come from different backgrounds and just are… well different.

Unfortunately, companies with more than one person at the helm will eventually have problems that range from emotional to financial to management styles. If you find have a business partner and it feels like your own personal episode of War of the Roses, then you are in the right place. This article is about the great balancing act when it comes to dealing with your business partner.

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