Business partner compatibility testing
Authors
Date
2006-11
Type
Monograph
Abstract
With equity partnerships becoming a more common form of ownership for
people without the initial capital needed for sole ownership, the reliance on
other people becomes an increasingly important issue. If the people that
you become involved with aren’t compatible with yourself then problems
will arise and the partnership may dissolve or become inefficient
If at the beginning when choosing your partners you could all sit down and
complete a test to show how compatible all the partners are going to be
with each other, then the confidence that is gained going into the
partnership will improve the relationship and efficiency within the group.
By combining commonly asked questions from initial start-up and inserting
a level of tolerance, then the level of compatibility can be established and
compared with other members in the group.
Although there are a number of experts within the field of Equity
Partnership establishment, I have found no evidence of there being a
system available to rank participants together.
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