Partnerships in Home Staging Business
QUESTIONIs it a good idea to start a business with a friend to have someone to share ideas with or just do it yourself. Thanks for your help.
ANSWER
It can be a good way to lose a friendship. If one winds up doing most of the work but having to the split the profit, that will get old real fast. It takes a pretty unusual combination to do business together happily long term and most partnerships don't work out too well. So I would caution you there.
On the other hand, when you have two people together it can be easier and more fun, but it really depends on the relationship. I have a partner, but we've been partners for 40 years and he doesn't make as much income as I do because he doesn't work at it as much as I do. So you'd want to cover yourself in that regard if you can.
posted by Barbara Jennings @ 9:02 AM
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