
WHAT CAN YOU DO TO CUT DOWN ON THE
RISKS OF BEING A PARTNER?
Search until you find the right partner.
1. The ideal partner:
| a. |
Has a successful background in business, so he or she can
add knowledge and experience to the business. |
| b. |
Knows something about the business you are starting. |
| c. |
Has a good credit rating. |
| d. |
Gets along with you fairly well. |
| e. |
Is a thoughtful, responsible person. You should be able to
trust your partner to represent you as well as the business. |
Remember, you must be just as thoughtful and
responsible toward your partner(s) as you expect your partner(s) to be toward you.

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