Sales Partnerships vs. Ownership Partnerships

Forming_A_General_Partnership

Partnerships are important, but it’s important to be very careful before entering into an ownership partnership. Ami Kassar, author of The Growth Dilemma, encourages anyone going into an ownership partnership or getting an investors to go through some exercises to prevent trouble down the road. For example, how big do you want your business to be in three years? Are you both on the same page?

Watch this video for a discussion on this, as well as why you shouldn’t spend more time than necessary raising money to get your business going. And get The Growth Dilemma on Amazon or at www.growthdilemma.com!

Fran Tarkenton

Fran Tarkenton is an entrepreneur and NFL Hall of Famer, and the founder of GoSmallBiz.com and Tarkenton Companies. With a passion for small business, he’s started more than 20 businesses during and after his NFL career. Fran is a small business coach for entrepreneurs and business owners, providing advice and guidance through sites such as GoSmallBiz.com, SmallBizClub.com, and more. He has written about business issues in the Wall Street Journal, U.S. New and World Report, and USA Today, along with regular appearances on CNN, Fox News, and MSNBC. You can follow Fran on Twitter @Fran_Tarkenton.