What makes a good long-term partnership?

I have been thinking about this question these days. Since I am about to cooperate with my business partner in the future, I care about our partnership very much.

I realize trust is very important. It will be time to test the trust between us when our business generates profits. Papers will not be enough to guarantee our long-term partnership. Trust will be.

So I keep reminding myself to trust my business partner. Besides, I also remind myself not to be selfish. Today, my business partner kindly offered to pay my half-year rent for me. I refused, coz I didn’t want to bring any financial burden to him, especially he will need a lot of money to hold his wedding ceremony in June.

This is the first time that I cooperate with a business partner and I hope I will be a mature and considerate business partner to others.
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Comments (9)

Maybe mutual respect and trust, between 2
business partner.cool
Totally agree. B..
Good move not to accept his rental offer. These things have a funny way of backfiring in the future if things go awry!

Trust, as you say, but with a wary eye! If you do your own bookkeeping make sure you both do it and work on it together. Again, with trust but a wary eye! If you have a third person do it, again, with a wary eye!

If your bookkeeper has any scruples he will advise you as he keeps your records. Again, with a wary eye!
wave Deep, Im just confused,,,is yout biz partner also your lover, or just a good friend?dunno confused
Ed, Thanks for your advice especially about the bookkeeping. Trust but with a wary eye. Got it.

Lukeon, my business partner is neither my lover nor my good friend. He is my ex-coworker. But I think he has become a friend of mine. He is going to marry his girlfriend this June.
Ahhh,, then it will pay you to be very careful in this venture.. Put your agreement down on paperhandshake cheers
Deep.
Good luck.
To take as a long term.
Keep one thing in mind.
Always keep you daily record.
Selling and buying.
Calculate it daily.
Keep it with you
A copy of it.
Take care.::
handshake
Thank you, Tim
Lu.., i will, thanks.
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deepblue218

deepblue218

Beijing, China

I think I show different aspects of myself in different occasions, that’s why ppl don’t think the pics are all mine. I am:
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created Mar 2013
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