202 - Should You Get a Business Partner?

Partner up or go solo? Discover the key factors to consider when deciding if a business partnership is right for you. Hit play!

Time Stamps

• 00:52 - The Essence of Partnership in Business
• 01:47 - Why People Choose to Partner Up
• 04:16 - The Complexities and Risks of Business Partnerships
• 12:35 - Evaluating Potential Partnerships
• 16:01 - Navigating the Challenges of Partnerships
• 24:47 - Final Thoughts on Partnerships

Quotable Moments from the Episode

• "Partnerships carry a great deal of risk. They can be beneficial, but they carry a great deal of risk." - Martin Holland
• "It takes a very sophisticated relationship and the ability to navigate it requires humility. It requires a deep understanding of the long term, and a deep care for the business between all parties." - Khalil Benalioulhaj
• "Every decision we make affects them and every decision they make affects us." -Martin Holland
  
  

Resources

• “How to Make a Beautiful Business Partnership” by Michael Girdley
• CFC Episode 065 - Partner or Not to Partner
• “To Partner or Not to Partner: How to Decide” by Martin Holland
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What is The Cash Flow Contractor?

If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges.

We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.