Start with the same goal.
Agree on the business you want, the commitment you can make, and what success means to each of you.
NOTES FOR ENTREPRENEURS
Finding the person is the beginning. These are the conversations that help you decide whether you should become business partners.
You do not need identical résumés or identical personalities. You need a shared destination, honest expectations, and a clear understanding of what each person will contribute.
Agree on the business you want, the commitment you can make, and what success means to each of you.
Look at the whole business together: capital, skills, experience, relationships, time, and the day-to-day work of running it.
Discuss ownership, responsibilities, decision-making, pay, time commitments, disagreements, and what happens if one person wants to leave.
Before money changes hands or commitments become binding, use qualified legal and financial professionals to document the agreement.
These notes are general educational information, not legal, financial, investment, or franchise advice.
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