CFO cum Business Advisory

How to find your Business Partner?

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Ask yourself these questions :

1. Do you have the right skills to do the whole business by yourself ?

2. If not, what skillsets are you lacking in order to conduct the business successfully ?

Business Partner(s) should have complementary skill set.

Ask yourself this question again if you have found your Business Partner :

3. If you close your eyes and fall backward, will your Business Partner catches you when you fall ?

If the answer to the last question is “yes”, then Congratulations !

Finding the right Business Partner is never an easy task.

“Friendship” needs to be formed first, and then tested.

” Mutual Trust” needs to be there. This takes time.

Before entering into a business partnership, it’s always recommended to do up a Shareholders’ Agreement to “Agree” on the “Do’s and Dont’s” in future.

Sources of business partners include Ex Colleagues, Ex Classmates and good old friends.

If you need help, feel free to contact us at :

(O) +65 63851011

(M) +65 90880669

(E) [email protected]

www.corporatebackoffice.com.sg

Written by Kelvin Loh