according to the Partnership Act 1890, the relationship which exists between persons carrying on business in common with a view to profit. The liability of...
Partnerships can leverage the resources and tap new opportunities. Corporate partnering is nothing new. However, technology has elevated it to a new level. Partnerships can also help a company: Gain credibility in a new field, expand market presence, gain access to technology, diversify offerings, and share best practices. The article...
It has been observed that partnerships can be problematic. Disagreements erupt over money, clients, scheduling, hiring decisions and even parking privileges. In fact, it's often the little things that lead to big problems, catapulting partners from a congenial working relationship into one of conflict and chaos. Problems are inevitable, and...
It has been admitted that partnerships are never smooth sailing, but managed properly, they can give entrepreneurs a powerful edge. Indeed, having a reliable sounding board is cited frequently as a key benefit of partnerships. A partner can give valuable input because he or she isn't afraid to contradicting, like...
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