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When a partnership business has more than one person as owner, there is a definite chance of incongruity among partners. These incongruities may be curtailed
When a partnership business has more than one person as owner, there is a definite chance of incongruity among partners. These incongruities may be curtailed by certain strategies.
You are required to base the five suggestions (Aligned vision and values, defined roles, pay for performance and split for profit, have a tie breaker, have a shareholder agreement) found in the video, prepare a draft of partnership covering all suggestions assuming that you may start a partnership business along with four of your friends.
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