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bobplum

  • Posts: 5602
Re: Has anyone ever brought in a partner?
« Reply #20 on: November 27, 2013, 05:11:42 pm »
No-one's mentioned the real point:  What do you get out of it?  So you create a partnership, it's still just two men cleaning windows, how does that differ from two independant  w/c's working and pocketing the money they each generate?

The only reaon you should consider a deal like this is if you stand to profit by it.

You could employ him, or you could do it my way ;)

not one to miss an opportunity ian  ;) ;) ;)

wfp master

  • Posts: 2553
Re: Has anyone ever brought in a partner?
« Reply #21 on: November 27, 2013, 05:12:05 pm »
give him a job & a decent wage.

James Bulton

Re: Has anyone ever brought in a partner?
« Reply #22 on: November 27, 2013, 06:20:31 pm »
2 minds don`t think as one.Keep your business and help him get on his feet by opening up your know how to him.He can build his round and you just advise him and let him get out and fend for him self.  Maybe just use one trading name in an association to give strength to his side of the business.

TomCrowther

  • Posts: 1965
Re: Has anyone ever brought in a partner?
« Reply #23 on: November 27, 2013, 07:00:39 pm »
Letting him use your trading name is a terrible idea. You could lose a lot if he is unreliable, bad at his job or wants to sell up further down the line.

geefree

  • Posts: 6180
Re: Has anyone ever brought in a partner?
« Reply #24 on: November 27, 2013, 07:35:59 pm »
tell him bye

robertphil

  • Posts: 1511
Re: Has anyone ever brought in a partner?
« Reply #25 on: November 27, 2013, 08:00:23 pm »
he will milk you dry  .     

windowswashed

  • Posts: 2626
Re: Has anyone ever brought in a partner?
« Reply #26 on: November 27, 2013, 10:36:04 pm »
Don't go into partnership with friends or family ever. Wouldn't employ friends or family either, preferred to employ total strangers in the past as it's all above board for healthy work ethics (you're the employer and they're the employee and you know where you stand) :)

dave0123

  • Posts: 3553
Re: Has anyone ever brought in a partner?
« Reply #27 on: November 27, 2013, 11:17:42 pm »
all that if it ends in tears we can go 50/50 garbage wont work.. because you will be arguing left right and centre and hate each other... you wont be giving anyone 50/50 and he has a van that you dont own... he wil be off with it in no time with your system in the back.. what u going to do then?
Dave.