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10 Questions to Ask Before Family and Friends Become Business Partners

10 Questions to Ask Before Family and Friends Become Business Partners | Business Improvement | Scoop.it
Daniel Watson's insight:


Family businesses often need to bring in additional people to help manage and grow the business, and usually this recruitment involves bringing other family members or close friends of the family into the business, but unless it is done properly, this type of recruitment can lead to serious problems.


The key to successfully bringing new business partners into a family business, requires deliberate stepping back and then carefully thinking about the business requirements, using a series of questions that will help to determine if the person under consideration, is a good or bad fit for the business.


This excellent article, suggests that relationships with family members or friends in a business situation can be tricky to navigate, and it provides 10 questions to ask as part of any such recruitment process.

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Randi Thompson's curator insight, February 21, 2013 9:13 AM

Before you jump into a business with family members or friends...make sure that you answer these questions, and get the response in writing!

Craig Slepsky's comment, February 26, 2013 10:17 AM
This can help guide you with who you can and can't hire to help run a family business.
Central-Business-District's comment, February 26, 2013 5:58 PM
This is a must read if you star a business wit partnership
Business Improvement
Quality and Universally Applicable Advice for Owners and Managers of Small to Medium Sized Businesses
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Topic Introduction

Topic Introduction | Business Improvement | Scoop.it

 

If you own or operate a small to medium sized business, time spent browsing this topic will prove to be time well spent. Find quality articles on specific subjects or simply look for inspiration on how to improve your business outcomes without spending hours on internet searches (I do the searching and filtering to ensure what you find here is both useful and can be implemented with a high degree of confidence).

 

 

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If you find this topic useful, please follow it and share this link http://www.scoop.it/t/business-improvement with other business owners and managers in your network.

 

Comments on articles are always welcome, as are suggestions for improvement of the topic, but please refrain from spamming. 

 

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ismokuhanen's curator insight, March 27, 6:28 AM

 

If you find this topic useful, please follow it and share this link http://www.scoop.it/t/business-improvement with other business owners and managers in your network.

 

Comments on articles are always welcome, as are suggestions for improvement of the topic, but please refrain from spamming. 

 

shantiM's curator insight, April 4, 9:00 PM

 

If you find this topic useful, please follow it and share this link http://www.scoop.it/t/business-improvement with other business owners and managers in your network.

 

Comments on articles are always welcome, as are suggestions for improvement of the topic, but please refrain from spamming. 

 

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6 Tips to Optimize Your Facebook Page

6 Tips to Optimize Your Facebook Page | Business Improvement | Scoop.it

Interested in creating a more professional and engaging experience on your Facebook page? Discover six tips to optimize your Facebook page.

Daniel Watson's insight:

 

Many Facebook Pages do not do credit to the business they represent and many businesses that have created Pages, have not done enough to optimise them in order to attract more visits and likes. As usual, lack of knowledge or time pressures, are common reasons behind less than ideal Pages. Help however is at hand, and the 6 tips outlined in this article, make it far easier to fix your Page so that it delivers far more for your business.

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