Is it possible to go into partnership business with a friend you do not trust?

[cherry123]

Well you are right going into a business with someone you do not trust should get the person to sign everything legally. This is you giving the person the benefits of doubt

 

[IB D]

Probably, going into a business with someone you do not trust is actually not a good idea. But if someone decides to do so then they should sign everything legally.

This is just the solution to everything. You should make sure that everything is documented and well monitored. Trust is vital in business.

 

[Chibson]

This is just the solution to everything. You should make sure that everything is documented and well monitored. Trust is vital in business.

Yeah, even if you trust someone, everything should also be legally documented in case if any issue arises in the near future.

 

[olaniyi]

It is possible but it is very dangerous for the grow of the business because you won't be free free to open up to the partner because you don't trust him

 

[eldavis]

It is possible but it is very dangerous for the grow of the business because you won't be free free to open up to the partner because you don't trust him

True, in the end such business might not last long, cause even when the other person is being honest, due to your lack of trust you might not want to accept it.

 

[nomad]

It is possible to go into a partnership business with someone you do not trust but you will need to have a written agreement governing all terms and conditions, verbal agreements are not safe.

 

[freelancermaria]

For obvious reasons, you can't form a business partnership with a friend that you do not trust. It's a big NO. Simply knowing that you can't trust him or her will make you doubt his or her credibility, skills, and other things.

 

[Kera]

People still do it for business purposes. But they would make sure that they protect themselves with the terms they agree.