What are the Potential Challenges of Having a Business Partner?
While there are many benefits, there are also challenges to consider:
Conflict of Interest: Differences in opinion can lead to disputes. Uneven Contribution: One partner may end up contributing more time, effort, or resources than the other. Decision-Making: Shared decision-making can sometimes slow down the process. Profit Sharing: Profits must be shared, which could lead to disagreements about the distribution.