What are the challenges of partnership business
- Thread starter cherry123
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- #22
Yeah since they are different people but they need to always compromise to accommodate one another ideas.
Exactly, they are both two persons with different background and understanding of things, a lot of compromise has to be made, but in most cases it takes time for them to actually get this understanding.
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- #25
Definitely, Two can't work together in unless the agree so this will be the way out. The partners must disagree to agree most times.
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- #27
Lol at a snake but can be a lion. Yeah be careful of the partners you keep to avoid being stab in the back.
There are business partners who may abuse us, so we better start solo in business first then observe among the workers who can be trusted and be an aspirant business partner. I was a victim of this business partner when I had an internet café. He wanted 50/50 sharing of the proceeds , but his capital was only his saliva
And with what the greedy partner wants, he might try to harm the other partner
One of the challenges of a partnership business is the point where the partners have different goals and aspirations for the business. This can lead to rancour which can tear the business apart.
