Starting a business on your own — much less running one — is hard work. You’ll find yourself stretched pretty thin, and that’s a fast lane to stress, poor health, and burnout. That’s why many entrepreneurs choose to bring on a partner to help them out.
A partner helps in a lot of ways — they bring their own set of skills, their own contacts, their own unique perspective, and, yes, their own funding. More importantly, they can take some of the pressure off of you and shoulder some of the responsibilities that are weighing you down — provided you trust each other, that is.
A good business partnership is all about trust. You and your partner need to have absolute confidence in each other’s ability to handle your own responsibilities — if you feel like you have to keep an eye on your partner all the time, you might as well be carrying the whole workload yourself. Here are a few tips to make sure your business partnership runs smoothly.