Partnership, the merit and demerit

[Alone055]

I personally never suggest doing business in partnership, as this breaks your relationship with your loved ones. People will never be delighted with the result, no matter how much effort you put in or how dedicated you are. If you manage the business and anything bad happens, your partner will always end up blaming you. Of course, there are also some positive aspects. However, I don't want to ruin my relationship with my friends over a business matter.

There are numerous examples where partners relied too heavily on each other and ultimately betrayed one another. Additionally, there are instances where the partner remained honest, but the other partner blamed them. To avoid these issues, it is best to avoid partnering with people for a business.

I totally agree with that. Businesses started in partnerships have more cons than pros, and the cons can easily overshadow the pros in this case. The only pro that I can think of about partnering up with someone for a business is that it allows you to have a 50% share in both, the capital and the workload that you will have to manage alone otherwise, but still, I think it's not worth it, if you can afford to start a business or your own, don't look for partners only because you want to split the workload because things won't end well.

Having friends or relatives as partners is the worst idea, but even having strangers or other businessmen as partners is also a bad idea. When you start a business with someone else, you can't do whatever you want with the business, because now there are two brains, two owners, two decisions and mindsets, and believe me, even if you try your best, there will be conflicts at one point, and those conflicts will ruin the whole business. So, it's not worth it, at all.

[Findingnemo]

A successful partnership thrives on trust, defined responsibilities, and shared vision  when everyone stays committed to their part, the business runs smoothly and becomes stronger than any individual effort.

Exactly, the productivity and innovation in the partnership business will be a lot better compared to an individual since the mind is only capable of so much but when we add 2x the results will definitely be higher than 1x. But finding the right partner itself a biggest task and in reality it is very hard to trust anyone unless we have complete knowledge about the other person or it's just better to take the whole risk and even if the profits are lesser we can be sure that no one is making any mistak here.

[God Of Thunder]

I totally agree with that. Businesses started in partnerships have more cons than pros, and the cons can easily overshadow the pros in this case. The only pro that I can think of about partnering up with someone for a business is that it allows you to have a 50% share in both, the capital and the workload that you will have to manage alone otherwise, but still, I think it's not worth it, if you can afford to start a business or your own, don't look for partners only because you want to split the workload because things won't end well.

Having friends or relatives as partners is the worst idea, but even having strangers or other businessmen as partners is also a bad idea. When you start a business with someone else, you can't do whatever you want with the business, because now there are two brains, two owners, two decisions and mindsets, and believe me, even if you try your best, there will be conflicts at one point, and those conflicts will ruin the whole business. So, it's not worth it, at all.

I personally hate mental stress. If you partner with friends or relatives and something goes wrong in your business, you will be stressed. If you start to suspect that your friend or relatives are doing something wrong with the company, it won't be easy for you to ask them about it. The same applies when you operate the company, and your partner starts to suspect you of doing shady things. If you are innocent, it will be hard for you to explain that you are innocent.

It isn't really worth the stress. Yet again, I am planning something, and some of my friends want to join my business. Sometimes it is hard to refuse them because it may destroy the relationship between us. Sometimes, you will find yourself in a situation that will leave you confused.

[Mate2237]

Partnership in business is one thing that is good as it has lead to the setting up of many business which has created a source of employment and led to the realization of dreams and goals.partnership business is actually a healthy because the burden of running a business will be shared by the two parties.


One thing that brings disagreement in partnership is when the two parties are greedy and wants the profit to themselves.but if the parties involved are sincere I don't see anything wrong with partnership business.