Archives for July 2013

Business People #12

BUYING A FRANCHISE + PARTNERSHIP WITH BEST FRIEND = EX-FRIENDS

Ask any business owner what she would do differently if starting again and you will likely hear, "I would not have partners."  Partnerships are tough for a lot of reasons.  Partnerships with best friends are IMPOSSIBLE! If you and your best friend have talked for years about buying a franchise together and now you are looking, I beg you to reconsider.  It WON'T work.   No, you two are not different and yes I do understand.  Give it up.  Partnerships are really tough things as Neil Patel ably explains in his post Why Most Business Partnerships Don't Work.  Add friendship Read More →