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Partnerships: The Small Business Secret Weapon
Partnerships – Why do You Need Them? By Sarah Gerdes, Business Marketing Group, Inc. Whether you are a two-person firm or part of a global 50 organization, creating the right partnership is vital to successfully growing a business. This article is the first in a series of 5 articles that will walk you through the partnering specifics: Partnerships – Why do You Need Them?; Identifying and Validating the Right Partner; Creating the Partnership; Negotiating and Close the Agreement and Ending the Partnership.

Partnering Techniques for the Entrepreneur the First Pitch
When the owner of a three person small business pitched Home Depot on a partnership to grow his painting company, he had no idea how close he came to achieving his goal. But his lack of asking the right questions and capitalizing on the needs of the larger business cost him the partnership opportunity. This article covers common partnership problems encountered by entrepreneurs during the first partner conversation and the six critical questions to ask during the initial pitch that can make or break the conversation.
Zero Down Partnerships an Entrepreneurs Key to Starting a Business
Learn how two entrepreneurs used smart partnerships to jump start their businesses with zero down. This article details how a Facilities partnership can be used to share risk and revenue as opposed to signing a five-year lease, and another used an Engineering partnership to develop and bring products to market, eliminating the need for outside capital.
Preparing To Partner Effectively and Profitably
Thinking about forming a partnership? Read on to discover the key steps you should take to increase the odds of working effectively and profitably together. Without doing due diligence regarding the strengths of each partner and the parameters of the partnership itself, you have little chance for enjoying and profiting from a long-term, successful partnership.

Writing a Partnership Agreement for Joint Ventures
Getting involved in a partnership can be a great thing for your business and joint ventures often turn out to be wonderful. However, to make sure that you are protected, it is important to write a partnership agreement when you enter into a joint venture.
Why I Avoid Partnerships and Prefer Joint Ventures.
Most partnership problems are caused by lack of a good Partnership Agreement and complex personality and business issues associated with the structure and function of the entity. A Joint Venture structure can be much more user-friendly.
IS YOUR BUSINESS PUTTING YOUR ASSETS AT RISK? BUSINESS ORGANIZATIONS: THE GENERAL PARTNERSHIP
The general partnership has existed for centuries. Today, it is controlled by the laws of the state in which it operates. The general partnership is easy to create - sometimes too easy. Unwary business owners have become partners creating obligations to others without intending to do so just by conducting themselves as a partnership. This article explains what a general partnership is, how it is formed, and the rights and obligations of the partners. Protect your personal assets and make certain you understand how the general partnership works.
Common Partnership Challenges
Partnerships can be very beneficial, but they can also be a source of frustration if there isn't a means for addressing common partnership challenges. This article will show how easy it is to go astray from what was originally planned when the partnership was initiated. See if any of these challenges sound familiar. Identifying problems early and taking corrective action may save your sanity and your partnership.
Four Business Partnering Ideas for Colossal Expansion
A partnership is a way to balance your strengths with someone else's in order to get more done - without losing your mind! Entrepreneurs as a whole tend to thrive in their creativity but don't enjoy managing their business. That's where a partner can come in handy. A partnership is often the leverage strategy a CEO chooses when its time to expand. There are some real tricks to having a partnership that works. I've seen many situations blow up because the keys to having a profitable partnership aren't in place.
Live and In Person: Setting Up an "IRL" Accountability Partner
Having an accountability partner you can get together with “in real life” (IRL) adds a new dimension to your partnership. Knowing someone “in real life,” not just online or via phone, is very different than communicating virtually and it brings some nuances to the table that a virtual partnership wouldn’t.

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