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Does business partnership and collaboration guarantees success.
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[QUOTE="btaliat, post: 242517, member: 26390"] Partnership is never a yardstick to the success of any business and in the same vein, it can be a cornerstone to success depending on the persons that are collaborating together. Nevertheless, I will never support partnership business on any ground for many reasons. Partnership tends to remove privacy. The sole proprietorship does enjoy some privacy which may include the one to make decisions, to know the amount of profit that the owner is making. All these won't be possible because the presence of other won't make it possible. There is tendency that there may be one of the partners that may be lazy. This will surely slow down the rate of work between them. There have been a situation where one partner is the one doing the major works which may be the other one redundant. This will surely slow djns the rate of success of those partners. People still don't want to go for partnership because it doesn't guarantee the success of any business in the sense that if the one that's a major contributor dies, then there may be tendency that the business will die. This had been the end of some major multinational companies that we have heard of. [/QUOTE]
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Does business partnership and collaboration guarantees success.
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