Business Partnership Essentials: A Step-by-Step Action Plan for Succeeding in Business With a Partner: Joint Venture & Partnership Agreement Explained

Business partnerships have many moving parts, including agreements (a joint venture agreement or business partnership agreement) and the working business relationships between each partner. Business partnerships are wonderfully complex entities. As with all relationships, they are vulnerable and subject to fallibility. If you think the fact that one in every two marriages in the United States end in divorce (that’s one every 36 seconds!), then consider this: The number is significantly higher for business partnerships; about 70% of them fail. As a business partnership relationship coach, my mission is to help flip this fail/succeed ratio. The point is this: Whether you are considering going into a partnership entity now or in the future, you’ll want to make sure that you do everything you can to help that partnership succeed. To that end, Business Partnership Essentials contains valuable (even invaluable) information. It walks you through every phase of the process—from deciding if you truly want to partner with the person you are considering to planning, building and running your business on a daily basis and beyond, all the way to a planned exit strategy (a critical yet often overlooked consideration). You'll also learn what makes a joint venture business work and what doesn't. If you already have a partner, this book will serve to enrich your business or joint venture partnership and give you renewed confidence in knowing that you’re taking the necessary steps to ensure that your partnership (and, therefore, your business) runs as smoothly as a well-oiled machine.