To some starting a business with their partner is a great idea. A chance to spend more time together and to share the experiences of running a business.
To others it’s a nightmare. The thought of spending virtually every waking hour in each other’s pocket is simply too over bearing.
If you are thinking of going into business with your spouse, there’s added pressure to succeed. So we asked Vicki Ashman, who co-founded Scrumpies of Mayfair with her husband, to share 10 valuable lessons she has learned about how to run a successful business venture with your partner.
Any business owner is familiar with the challenge of attracting new clients and protecting relationships with existing ones.
Fierce competition within many industries gives clients a wide choice of suppliers to choose from, and to make things even more difficult, some clients feel the need to change vendors periodically to avoid the common phenomenon of supplier complacency.
If your ambition is to do long-term business with a new or existing client you will need ensure that you engage as a serious partner: Well prepared, well informed, and far from complacent.
The number of people setting up business with their partners is on the rise. How can couples operate a successful enterprise while keeping their business and work lives separate and healthy?
There are so many different skills that have to be mastered when you start and run a business, that it can be quite overwhelming. This article looks at the benefits and issues you may need to be aware of when working with a business partner.