Find the right partners when your business goes wrong

R

Ratine

Notable

Member

Sep 5, 2022

3,988

48

Dex

$4.000

Raw Dex

$0.766

• Jul 18, 2024

• #21

For me l would look for the right business partners even before the business go wrong for the sustainability of the business.

 

Starmix

Popular

Member

Sep 2, 2022

30,223

3,702

Dex

$5.100

Raw Dex

$0.502

• Jul 19, 2024

• Thread starter
• #22

In my case, I am a solo owner of my milktea business. I don't need a partner. It's a small business unless big, I surely need a business partner.

 

S

Stardom22

Very Familiar

Member

Sep 1, 2022

13,304

565

Dex

$5.300

Raw Dex

$0.018

• Jul 19, 2024

• #23

I think this is where most businessmen mess up with the point. It's really very challenging ito determine the right person to do business with.

 

Starmix

Popular

Member

Sep 2, 2022

30,223

3,702

Dex

$5.100

Raw Dex

$0.502

• Jul 19, 2024

• Thread starter
• #24

It's best to assess first if your business requires partners. You may, but also choose the right one.

 

Last edited: Jul 19, 2024

nomad

Very Familiar

Member

Jun 22, 2022

11,002

513

Dex

$0.010

Raw Dex

$1.000

• Jul 19, 2024

• #25

O think you need to find partner before going into a business. If you have a partner you not only have helping hand but also someone who will bear the cost.

 

Starmix

Popular

Member

Sep 2, 2022

30,223

3,702

Dex

$5.100

Raw Dex

$0.502

• Jul 19, 2024

• Thread starter
• #26

My business does not require a partner. It is not a big business. I may do it when my busines grow big.

 

Kera

Notable

Member

Jun 18, 2024

1,197

9

Dex

$0.000

Raw Dex

$0.900

• Jul 19, 2024

• #27

Good partnerships can lift a business in times if difficulties and it is important to work on building those when the goings are good.

 

Starmix

Popular

Member

Sep 2, 2022

30,223

3,702

Dex

$5.100

Raw Dex

$0.502

• Jul 19, 2024

• Thread starter
• #28

If your business is getting low sales, it's better to make an inventory should you not like a business partner. Check your faults too.

 

S

Sawe

Somewhat Known

Member

May 14, 2024

714

25

Dex

$5.000

Raw Dex

$0.823

• Jul 20, 2024

• #29

Yes, partners can be of great help in reviving your business. They can help you make things right through funding and new ideas. So yeah, don't hesitate to ask for help when you need it.

 

R

Ratine

Notable

Member

Sep 5, 2022

3,988

48

Dex

$4.000

Raw Dex

$0.766

• Jul 20, 2024

• #30

This part is very challenging in most of the times. Everyone would be pretending to be so good before recruiting them.

 

Starmix

Popular

Member

Sep 2, 2022

30,223

3,702

Dex

$5.100

Raw Dex

$0.502

• Jul 20, 2024

• Thread starter
• #31

In my case I do not need a business partner. I can small manage alone with two staff.

 

F

Fidelia

Notable

Member

Oct 28, 2023

2,438

36

Dex

$0.010

Raw Dex

$0.843

• Aug 30, 2024

• #32

Getting the right partners in times of business challenges would accelerate the recovery period of the business.

 

Starmix

Popular

Member

Sep 2, 2022

30,223

3,702

Dex

$5.100

Raw Dex

$0.502

• Aug 30, 2024

• Thread starter
• #33

When your business goes wrong and capital lacking it is best to invite someone close to you to partner you in your business to save it from its total downfall.