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  #11  
Old 02-17-2003, 09:21 PM
coonman coonman is offline
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Join Date: May 2002
Location: Tulsa, Ok
Posts: 678
That is exactly why you keep it simple and 50/50. We both do all aspects of the business as a team. We bid jobs together, pass out doorhangers together, mow every yard together. We have both been solo and are now more efficient together as a team. We just mow as many as we can and split it 50/50, it works fine.
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  #12  
Old 02-19-2003, 09:02 AM
RoyaleRcr RoyaleRcr is offline
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Join Date: May 2001
Location: Minnesota
Posts: 49
Partnership NOT!

I will take in laundry before taking in another partner. Think it over real well!
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  #13  
Old 02-19-2003, 06:16 PM
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PCI PCI is offline
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Join Date: Feb 2003
Location: Florida
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I started out with a buddy of mine...He was a small engine mechanic, so I thought it was a good idea. If something was to break it was fixed.......Come to find out he was very desructive and broke everything and didnt feel like fixing it. He quit in 9 months (THANK GOD)

I am the sole owner now and thats the only way to do it IMO
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  #14  
Old 03-26-2003, 06:48 PM
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adrianvbarrera adrianvbarrera is offline
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Join Date: Mar 2003
Location: Dallas Texas
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In one of my businesses I have a partner in the other I am full owner.

Get a partner only if what he does you cannot do yourself.
I don't understand why someone will go into a partnership with someone that does exactly what he does.

If you need money and office management go into partnership with someone that can do that efficiently.
In my Construction business....I am the management part of the equation. I do estimates, payroll, etc.etc....my partner does all the physical work. My job is to keep us working day in and day out. His job is to finish the job in a timely manner and with an eye on quality.
Because I am free from actually working in the field ....I have the time to network and push the company to grow faster than most other companies in our area. Our company is only 6 years old and we bid projects in the million dollar range which is mostly open to well established companies that have been in operation for 20-30 years. Our arrangement has worked well but then again I am a very hard working individual and so is my partner. We don't procrastinate or slack off.

Partnerships can be a great thing but I have heard horror stories too.



Adrian
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  #15  
Old 03-27-2003, 01:29 PM
GraZZmaZter GraZZmaZter is offline
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Join Date: Dec 2002
Location: Flushing, Mi.
Posts: 740
Partnerships can work if , like stated earlier, you can essentially be married to the person.

Ive partnered up with my brother in the past and it works out great, because we think alike. We can go into a job, and not say a word to each other as far as the work goes. We already know what each other will be doing next. Unfortunately, my brother hates this line of work.

We also live together, so its no big deal, really.

He is on his own now, actually partnered up with his girlfriend running a book selling business.

I remain on my own, and like it that way.
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