Advantages and Disadvantages of Having a Partner
October 30th, 2010 | 
Author: Let us see what are the advantages and disadvantages that involve creating a business partnership:
Advantages of having a partner
* Able to accumulate more capital or investment.
* Able to combine resources such as experienced in the type of business, knowledge of certain aspects of the business, business contacts, market knowledge, etc…
* Reduced risk, as this is shared.
* Increased ability to analyze and make decisions.
* To allocate roles and tasks.
* To share responsibilities, you do not have to be aware of everything.
* To complement skills.
* To have someone who is so motivated and committed as we are, not someone who works according to the money being paid.
Disadvantages of having a partner
* Potential problems in decision making, usually two people never think alike.
* Having to share the benefits of the business.
* Having to share the recognition in the event that the business to succeed.
* The other partner may lack the good sense and bad decisions.
* Possible disputes or personal conflicts.
* Possible misunderstanding.
* Any disagreements.
* Possible struggles of authority and power.
