Tuendelee na episode ya Partnership. #stayguided Key areas to check👇👇

6.Lawful agreement Have a lawyer draft or review a partnership agreement covering:

-Ownership percentages Voting rights -Profit and loss sharing -Partner duties -Exit procedures -Dispute resolution -Non-compete and confidentiality provisions

7.Exit strategy Discuss uncomfortable scenarios before they happen:

-What if a partner wants to leave? -What if a partner becomes inactive? -What if someone dies or becomes incapacitated? -Can ownership be sold to outsiders?

8.Due diligence If possible: -Review your potential partner's business history. -Check references.

-Understand their financial situation if it could affect the business.

-Verify any claims about experience, customers, or investment capacity.