Should you take on a partner?

Someone recently told me that they’d like to start a business with their friend. Are two heads better than one?

It depends. Ideally, you’d identify a consulting area where you both already have expertise. You’d want your partnership to strengthen that opportunity. Just deciding to work with a friend isn’t enough. You both need to make the business idea work.

That being said, your friend’s skills and experience may be a great complement to yours. If you’re not sure, perhaps you could both look at doing a personal inventory to help generate consulting business ideas.

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