The sales is slipping down.It is a partnership firm.He is not matching my sales.I am worried.
2007-08-28 00:16:33 · 5 answers · asked by ganesh V 1 in Business & Finance ➔ Small Business
Hi. It's never too late to write a business plan and a buy/sell agreement. I would strongly recommend that you talk to a business counselor before you do anything especially spend money. You have to determine whether you'll start a web based business or one with a store front. If you are in the USA, I'd call the local office of SCORE (go to http://www.score.org and input your zip code to find the chapter nearest you), the advice is FREE.
The counselor at SCORE will help you write a business plan which is very good advice because it will force you and your partner to sit and to dig out all of the daily duties and assign responsibilities and nail down percentage ownership and agree on how you'd end the partnership in case one of you wants to but the other one out.
Try this link :
http://www.ychange.com/small-business-consulting-articles.html and read some of the articles especially the ones about a business plan and leadership.
Good Luck
2007-08-28 08:12:04 · answer #1 · answered by Anonymous · 5⤊ 0⤋
There's a big difference between the fantasy of owning a business...and actually be seriously committed.
Assuming each of you are happy with the jobs each of you are expected to do...in order to make the partnership work...you might want to seriously have a better game plan or dissolve your partnership?
2007-08-28 07:22:17 · answer #2 · answered by argytunes 3 · 0⤊ 0⤋
Hi there, find the right moment away from your work , somewhere where he can relax and be him self , talk to him like a friend , tell him about your plans for the future, what you wish for , what your hopes might be , get him to open up, and ask him if his all right , if theres something troubling him, what he thinks about the business , but do not push him where he gets to be defensive, take some time to think about it all .
2007-08-28 07:30:58 · answer #3 · answered by leonard 4 · 0⤊ 0⤋
Maybe it's time to buy his share out or bring in a new partner. The friendship may be ruined through this, but a ruined business will be even worse.
2007-08-28 07:27:48 · answer #4 · answered by Zombie Birdhouse 7 · 0⤊ 0⤋
There could be something else troubling him? personally. Like love, Money, or drug abuse.
2007-08-28 07:26:16 · answer #5 · answered by Teerawood 3 · 0⤊ 0⤋