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Home / Archives for Partners

Partners

To Partner or Not to Partner?

Oct 24, 2019 By Bill Bradley

There’s safety in numbers. Right? Choosing to franchise with a business partner can seem like a safe choice. There’s someone to contribute to the franchise investment, someone to share operational responsibilities with plus an extra perspective and skillset. Business partners can make franchising less risky but they can also add a layer of interpersonal drama. Sticky Situations […]

Filed Under: Franchise Center Tagged With: Franchise, Partners

Hire for Your Core, Partner for the Rest

Aug 22, 2019 By Dave Berkus

A trend for businesses large and small There is a major trend shaping up that is worldwide, already identified by hundreds of thousands of startup and small business CEO’s. By carefully recognizing and focusing upon the very core of the business, these CEO’s are allocating their scarce cash resources to hire the best talent they […]

Filed Under: Strategic Planning Tagged With: Focus, Hiring, Partners

The New World of Co-Opetition

Jul 22, 2019 By Dave Brock

The relationships we establish, in business, are very complex and constantly changing. We have relationships with colleagues. At some point, we or colleagues may choose to go work someplace else—even our competition. We don’t, at least I haven’t, stopped those relationships. Most of the time, there is intense competition—I want to beat them, just as […]

Filed Under: Relationships Tagged With: Competitors, Partners

7 Whirlwind New Venture Partner Marriages to Avoid

Jun 12, 2019 By Marty Zwilling

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one—someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. This would be a mistake, and […]

Filed Under: Creating a Plan Tagged With: Mistakes, Partners, Relationships

7 Pitfalls to Watch Out for When Funding Your Small Business

Jan 18, 2019 By Philip Piletic

Remember that you’re going to make mistakes while running your business. It’s okay to make a few mistakes. But most financial mistakes are the results of lack of financial knowledge or poor planning. Here are the most common pitfalls to avoid when securing funding for your small business. Choosing the Wrong Business Partner Not choosing […]

Filed Under: Funding a Startup Tagged With: Cash Flow, Funding, Investors, Partners

7 Questions to Ask Yourself When Choosing a Franchise to Buy

Nov 16, 2018 By Robert Steinberger

You’ve decided you want to buy a franchise, consulted a franchise attorney, and confirmed you have the means to move forward. Now comes the fun part: deciding on a franchise. From retail stores and restaurants to professional services and home-based businesses, the landscape of opportunity is vast and open for you to explore. As you […]

Filed Under: Franchise Center Tagged With: Franchise, Getting Started, Partners

Take Only “Smart Money” Investments

Mar 26, 2018 By Dave Berkus

This statement could be considered controversial. We have previously made the case that professional investors demand more in the form of restrictive covenants and lower valuations. Now we explore the other side of that coin. Professional investors usually bring “smart money” to the table, defined as money that comes along with good advice and great […]

Filed Under: Working with Investors Tagged With: Advice, Investors, Partners

Can Your Lawyer Destroy a Good Business Deal?

Mar 12, 2018 By Dave Berkus

Over the years in business and as a member of over forty boards, I have received good advice from corporate attorneys and on occasion bad advice as well. There is a line that should be drawn in a relationship between corporate attorney and CEO or board. Attorneys are paid to protect the corporation, not to […]

Filed Under: Legal Tagged With: Mistakes, Partners, Relationships

10 Clues That It May Be Time to Seek Outside Help

Dec 18, 2017 By Marty Zwilling

If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. The challenge in to know when and how to ask for help, and not let bravado and ego […]

Filed Under: Strategic Planning Tagged With: Business Services, Establishing Priorities, Partners, Planning

5 Signs a Potential Partner Could Hurt Your Business

Nov 6, 2017 By Meredith Wood

Starting a business venture with a friend sounds like a great plan—what could go wrong? If they’ve been a loyal friend and a positive influence on your life, why wouldn’t they do the same for your business? While there are many successful tales of business partnerships that started out as friendships, you may be surprised […]

Filed Under: Creating a Plan Tagged With: Mistakes, Partners, Trust, Values

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Run & Grow

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