Sunday, March 7, 2010

My Mission to Save Business Partnerships Everywhere – By First, Asking the Right Questions

70% of all partnerships fail, usually ending in miserable and very costly emotional and financial conflict.

In my 25 years of experience, I have found that the issues facing business partners each day are not unique, but the individuals who make up the partnership are. Smart partners get the guidance they need before getting too deep into the relationship and business.

If you simply honestly and candidly ask and answer these questions at the start of your business partnership – or later on if you skipped them – you can save yourself from a miserable and costly end.

1.What part do I want this business to play in my life?
2.Why do/did I want a partner?
3.Do I trust and respect my partner?
4.Have we written a business plan including detailed job descriptions for each of us?
5.Have we talked about every possible What IF Scenario* www.businesspartnershipsolutions.com and addressed them into a partnership agreement based on both our business and personal visions and intents?
6.Have we discussed, written and signed an exit strategy that includes every scenario we can envision?
7.Do we show up without fail for a meeting once a week at least?

Here are some tools to help you to fill in the gaps and ensure the success of your business partnership relationship.

1. If you are considering a partnership or would like to go back and do some of the thoughtful work you skipped before becoming partners get the 15 very important questions to ask yourself and your partner for only $14.95.
www.coachingforyournextlevel.com .... click on business partners in the left menu.



2. F*REE GIFTS FOR BUSINESS PARTNERS. Are you considering one or are you in one already? Take my FREE Business Partnership Assessment and receive 3 FREE bonus interviews (mp3s) from my Successful Partnership Series. Find out from others what they do to ensure their success. Immediate download. http://www.businesspartnershipsuccess.com/

3. Invest in yourselves by purchasing the Blueprint package including the “What If” Scenarios, the 7C's Danger Signs to Avoid and other bonuses. See the description at www.businesspartnershipsolutions.com. At an introductory price of $497 you will get a very worthwhile return on this small investment.


4. If you have had an ongoing successful partnership schedule a one session Annual Tune Up with me to identify blind spots and nip any problems in the bud.

5. If you are a business coach to entrepreneurs who may be in a partnership or considering one, you can use these tools in your coaching to ensure that the pitfalls in the partnership relationship do not sabotage the business. Become an affiliate and provide your clients with the Blueprint package to use with your coaching.

Watch for more tools. You have made a serious investment, both financially and emotionally to create this business. Do everything you can to make sure it succeeds.


Feel free to email your comments and questions to me.

My best wishes for your success,
Dorene
info@businesspartnershipsolutions.com

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