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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Challenges of Partnerships
Description: Challenges of Partnerships Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Bringing on a cofounder has many advantages. There are also disadvantages. Here's a list of challenges with partnerships: Decision making. Partners bring the challenge of making decisions. It's best to decide who has the final say in all decisions to avoid a stalemate. Liability. Both partners are liable for the debts of the business. Profit share. Partners share the profits, so it's best to figure out how it will be divided. Business continuity. The business may falter...