how can i get a partner for doing construction business

Q: construction with new technology which is faster and stronger

M.uma devi,

14th December 2017

Investment Advice in Kukatpally, Hyderabad

partnership

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Replies (3)

thank you sharan and nagesh for expressing your opinions.i will go for partnership because i need a financial support and it will be beneficial for both and we can grow exponentially ,and transparency is must.

M.uma devi,

15th December 2017

Comment

Yes, I agreed with Sharan. This is one of the best ways to know about each others personality and core values. If you have not worked together previously, test the partnership out by beginning a small project together that reveals each others skills and requires cooperation.

Nagesh Tudur, Hyderabad

15th December 2017

Comment

Hello Maam,
First ask yourself. Do I really need a business partner to build a successful company? Taking on business partners should be reserved for when a partnership is critical to success. I mean to say when the prospective partner has financial resources, connections or vital skills you lack. Are you ready to take the risk? You may be better off hiring the other person as an employee or an independent contractor.

Nagesh Tudur, Hyderabad

15th December 2017

Comment

Yes, in a partnership business, communication is important at every stage, and especially so at the starting. A common mistake business partners make is jumping into business before really getting to know each other. You must be able to connect to feel comfortable expressing your opinions, ideas, and expectations. If you haven’t worked together previously, test the partnership out by tackling a small project together that showcases each other’s skills and requires cooperation.

Sharan Basappa, Hyderabad

15th December 2017