8 Great Takeaways You Will Get With This Workbook
Takeaway #1 – A step-by-step process for assessing the compatibility and fit of a potential business partner.
Takeaway #2 – The 13 most common mistakes people make when entering a business partnership and a process to avoid them. You’ll learn about the potential emotional and financial cost if you fall into the partnership pitfall trap.
Takeaway #3 – Specific, hands-on forms, questionnaires and tools that walk you and your partner through various assessments. From these you will learn from one another, core values, financial health, expectations and vision for the business and of each other regarding roles and responsibilities, decision-making, compensation and equity.
Takeaway #4 – A matrix to understand areas of potential conflict in core values, where you have alignment and a process to understand the true meaning and how these values impact and play out in the business.
Takeaway #5 – Specific tips on negotiating differences with your partner for a win-win, how to structure meetings for this purpose and how to create the best solutions.
Takeaway #6 – A process and the tools that will help you to create structure in your business partnership. Areas addressed are Contribution & Equity, Roles & Responsibility, Compensation, Decision Making & Authority Limits, and Exit Strategies.
Takeaway #7 – A list of items you will need to bring with you or have answers to when you meet with an attorney to codify your partnership.
Takeaway #8 – Tools to help you keep your partnership sustainable and on track. Included is a sample Partner Meeting agenda and an Annual Healthy Partnership Check-up.
