"Not everyone is cut out to work in partnership," so says Azriela Jaffe, author of "Let's Go into Business Together: Eight Secrets to Successful Business Partnering" (Avon, 1998). "Just as it takes a certain kind of personality to create a successful marriage or enterprise, a profile emerges of an individual who would have trouble partnering successfully, regardless of any sound business reasons they have for partnering."
Pre-planning is absolutely essential for anyone who may be considering a business partnership, and creating a partnership agreement is one way to avert danger that may ...