POSTS TAGGED : business partnership

Impressing Business Partners & Clients

The economy is competitive. With the restrictions, turmoil, and economic hold-back, companies of all kinds need to get back to work. So many different businesses need new business partners and a growing number of clients.

Meeting with business partners

photo credit: August de Richelieu / Pexels

Whatever you’re involved in, every manager and owner needs to be on their toes to cultivate an environment to attract investors, skilled partners and employees, and happy clients. To do this, you’ll need to impress the people you want to do business with.

Here are some tips on how to satisfy everyone you’re involved with while getting the best deal for your company.…

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Marriage Problems And Business Success: What To Do When Your Spouse Is Your Business Partner

Business partners need to collaborate, resolve professional conflicts without coming to blows, and have to take business decisions considering the interests of all parties involved. However, what happens when a married couple starts a business?

Spouse as business partner

Marriage can add another dimension to the business equation, and couples must draw a line between their professional and personal relationships. Failing to do that can result not just in a serious conflict within the marriage, but also cause serious disruptions in the business.

So, here are some tips that you have to keep in mind when your spouse is your business partner.

Only start a business once the marriage is stable

If a couple’s married life isn’t a happy one, the chances of their business succeeding are very low.…

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Spouse as a Business Partner: Pros and Cons

Owning a business with someone else comes with its own set of advantages as well as challenges. When the business partner in question is your spouse, the list of pros and cons does indeed shift and change a little.

Couple as restaurant owners

While some believe mixing business with pleasure isn’t the best idea, others feel they wouldn’t trust anyone more than their life partner. If you’re planning to start a business with your spouse, you should definitely look into the positives and negatives of it all before making a decision.

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Preparing to Go into Business with Someone: What To Consider

Entering into a business partnership can be life-changing in a positive way, but also a negative way. Too often, there are big problems that arise down the road because business partners don’t do their due diligence on one another, or they ignore red flags.

Choosing business partners

A strong business partnership can mean that the two of you bring together complementary skills and backgrounds to improve the success of your business. A business partner may also bring financial benefits to the situation. However, a business partnership can quickly turn sour without the necessary steps being taken upfront.

The following are things to know and do before you go into business with someone.…

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What to Look for in a Digital Marketing Partner

Many business owners spend less time investigating their digital marketing consultants than they do equipment and furnishings. In fact, one OutboundEngine survey revealed 58% of teams spend less than five hours a week on their general marketing strategy, a sign that many companies don’t adequately vet their digital consultants.

Digital marketing partner meeting

I’ve seen countless instances of businesses missing clear signs that their consultant wasn’t as reliable or brilliant as promised. Rather than trusting any digital agency unquestioningly, executives should learn the ins and outs of the digital ecosystem themselves to lessen their risk.

It takes time for leaders to build digital marketing knowledge, but it’s an investment that can save organizations millions and help foster future growth.…

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JD.com Strikes a Luxury Brands Deal with Farfetch

JD.com is the largest retailer in China that has transformed e-commerce business in the country. For a long time, China has been associated with counterfeit products, but this has changed since this company joined the e-commerce platform in 2004.

JD - Farfetch partnership

Under the leadership of Richard Liu, the founder and company CEO of this company, consumers in China and other parts of the world now enjoy superior products that epitomize high quality and which delivered with great care to the customer.

JD.com X Farfetch

One of the areas where the company has invested in aggressively in the past few years is fashion design.…

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Questions That You Should Ask a Potential Business Partner for Your Clothing Store

Having a business partner is one of the things that you have to think about when you are building a clothing store. The fashion industry is one of the biggest industries in the world, and it continues to grow because of e-commerce and other technological advancements. That is why having someone who will help you with your tasks is essential.

Tips to find partners for a fashion store

Having a partner is not limited to partnering with only one person either. You can also collaborate with a manufacturer or a supplier using the Sewport website. A business partner comes in various forms but how do you know which questions you should ask a potential partner?…

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How Will Divorce Affect Your Business?

They say it’s smart to keep personal and business relationships separate, but when you’re married, you and your spouse become one in every way – including business. If your “I do” turns into “I don’t” in the future, what will happen to your company?

Here’s how a divorce may impact your business.

Business couple

Divorce and Business – Your Ex May Become Your Next Business Partner

Depending on the state you live in, your ex may become your new business partner when the divorce is finalized.

The way in which assets are divided in a divorce depends on state laws. A business is considered an asset, and it may be classified as either marital or non-marital property.…

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Contract Law Basics for Every Entrepreneur

Entrepreneurs have a lot on their plate, and the one thing that can really get them in trouble is the legal aspects of business. When first starting a business, there’s a lot of hustle involved, which leads to the small business owner taking major risks.

Some of the most worrisome risks of all are contract-related.

Business partnership

You might agree to something orally, and if you don’t meet your end of the agreement, you might be in trouble as a result.

Let’s talk about some of the contract law basics every entrepreneur should know and understand.

What Constitutes a Contact?

There are written and oral contracts.…

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To Partner or Not Partner? That is the Question…

When someone starts a new business, one of the first decisions to make is whether or not to form a sole proprietorship or partnership. Partnerships alter the legal structure of the business, taxes and relationships in ways you must consider before you simply assume the best solution is dividing ownership of the business.

To partner or not partner? Shakespeare meme

There are pros and cons of bringing in others as partners instead of hiring them as employees or receiving loans instead of giving away equity.

Paperwork

It is easier to create a general partnership than form a corporation. The biggest risk this creates is personal liability. A corporation is a separate legal entity that has to have its own financial accounts and takes on the financial and legal liabilities of the company.…

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