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Management

What to Look for in a Business Partner

Forming a business partnership is one of the keys to building a successful entrepreneurship. Two teams working together can often generate more productive results for both groups. Here are essential insights to consider before partnering with another business.

Why a business partnership requires research

You should know a potential partner’s business reputation and financial history before entering an agreement. You can be held liable for a business partner’s actions, especially if you collaborate on manufacturing, distribution or promotion.

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Advice for First-Time Managers

Advice for First-Time Managers

Becoming a manager for the first time is a transformational experience. It changes the way others look at you, as well as how you look at yourself. With new responsibilities that focus more around leadership and less around personal production, your first foray into management means you will have to guide your team and redefine personal relationships while you cope with emotions of your own and the people you now lead.

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