There is no consensus on whether to open a business with friends: many claim that this cannot be done, since you can lose both friends and business. At the same time, there are many enterprises that were opened precisely by friends. Accordingly, their owners only welcome this idea.
Instructions
Step 1
The idea of creating a business with friends has its pros and cons, supporters and opponents, so it cannot be unequivocally argued that this is ineffective, or vice versa. Moreover, each case is different.
Step 2
The advantages of starting a business with friends are usually considered a sense of security, support, and mutual assistance. In the early stages, this is often of great importance. In addition, you know your friends, respectively, you know about their professional qualities, you can assume how they will behave in a particular non-standard situation. If you are starting a business with an outside partner, then you usually know little about him.
Step 3
However, there are many disadvantages or risks in business with friends. Sometimes it is difficult to agree with them on the performance of this or that work, since everyone will hope that they will "out of friendship" yield that part of it that he wants to do, they will forgive mistakes. If this does not happen, and one of the partners turns out to be more rigid and demanding of others, quarrels arise. In addition, your goals in business with friends can diverge, which in the future will lead to misunderstandings and, at least, complicate relations.
Step 4
If you do decide to start a business with friends, remember the basic rules:
1. do nothing by oral agreement, conclude written agreements on everything related to business management, profit distribution, etc.;
2. if your friend works less than you, while demanding an equal share of the profit, if he lacks the ability or will to do business, then it is better to part with him, and the sooner the better;
3. Separate responsibilities strictly.
Step 5
It is important to remember that in business your friend is first of all a partner, and only then a friend. Thus, before deciding on such cooperation, think about whether your friends can be good business partners, whether they have the ability to do this, how serious they are in their intentions.
