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15 QUESTIONS FOR PEOPLE WHO ARE CONSIDERING A PARTNERSHIP AND DROPPING FREELANCING FOR IT

by Dorene Lehavi

Is the person you are considering the right one to be your partner? Here are some important questions to ask each other before you sign an agreement.

Suggestion: It is better to answer them alone, in writing before you discuss them out loud preferably in the presence of an unbiased trained observer who can point out the subtle differences important to note.

 

SPOTLIGHT CONSULTANTS FROM OUR FREELANCE COMMUNITY

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Another suggestion: After you have answered each question, go back and answer them again in much greater depth. Allow sufficient time and don't do it all in one
sitting.

1-Why do you want a partner?

2-Why do you want me as a partner?

3-What strengths will you bring to this business?

4-What strengths do you think I am bringing to this business?

5-What is your vision for this business?

6-What personal goal do you want this business to fulfill?

7-Where do you want to be in 3 years? 5 years? 10 years?

8-Should we be equal shareholders?

9-How will we resolve disagreements?

10-What do you envision will be the area from which you will derive the most satisfaction from this business beyond financial success?

11-What will be the area of most stress?

12-How will this business change your life?

13-What areas do you suspect are the most likely for problems to appear between us?

14-Which of your traits will most likely be a source of annoyance to me?

15-What about me will most likely be a source of annoyance to you?

Choosing a partner for business is as complex as choosing a partner in marriage. The shocking stats are that 70% of all partnerships don't make it. Therefore, it is important for you to know as much as possible about each other at the outset. Just like in a marriage and life in general, there will always be situations and times you could not have predicted. Having a coach help you develop tools for communicating and dealing with the business while tempering emotions and diversions of attention is a wise and cost effective insurance on your financial and emotional investment.

Dr. Dorene Lehavi, Ph.D. is principal of Next Level Business and Professional Coaching. She coaches Professionals and Business Partners. You can purchase her ebook or soft cover editions of Stop Doing What You Hate…Start Doing What You Love at http://www.StartDoingWhatYouLove.com. Contact Dr. Lehavi at Dorene@CoachingforYourNextLevel.com or on the web at http://www.CoachingforYourNextLevel.com and sign up for her free newsletter, Mastering Your Next Level.



Articles from the ALL FREELANCE ARTICLES & RESOURCES BLOG Add to Technorati Favorites

How to Build a Strong Relationship with Your Customers - A Guide to Customer Relationships for Freelancers & Self EmployedOne of the best ways to run a good business as well as keep the clients which you currently have is to build a strong relationship with your clients. Everyone likes to feel appreciated and this is true for those who have a business relationship. The clients want to feel as if they matter to the business owner as they are part of the reason why the business is still in existence. There are a few ways for business owners to build a strong relationship with their customers as doing so will not only maintain their client base but possibly expand it as well through recommendations.

Mar 31

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Category: Client Relationships - Client Referrals | Trackback | No Comments »

SPOTLIGHT CONSULTANTS FROM OUR FREELANCE COMMUNITY

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    Billing Orchard Invoicing and Billing for Freelancers
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A complete, secure, online billing application that maintains hourly service billing, flat fee billing and recurring charges. Integration with Authorize.Net and other leading payment gateways provides hands-free recurring billing with a sophisticated CRM system.

Mar 26

Free Online Business Courses, Workshops, and Seminars for Freelancers

If you feel like you are just going through the motions, and that you have no idea whether or not you are running your business properly, then you will be happy to know that there are many free small business courses, workshops, and seminars online. Below you will find a large list of these free educational courses.

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Category: Lists - Freelance Resources - Education & Online Courses & Seminars | Trackback | No Comments »

Mar 25

MARKETING PLANS : List of Marketing Plan Tools, Utilities, Samples, Kits, and Software

A freelancer developing an effective marketing plan must have the right tools to foster success in business. The following list contains several links of marketing plan tools to produce a successful business.

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Category: Working From Home - Getting Started - Self Promotion - Freelancing & Self Employment - Lists - Freelance Resources - Marketing | Trackback | No Comments »

Mar 20

MARKETING PLANS : A Collection of Articles for How to Outline and Write a Marketing Plan for Freelancers Starting a Home Business or a Small Business

A solid, well-prepared marketing strategy is the foundation of success in business. The freelancer or any type of business owner must become informed on the development of an effective marketing plan. The following links will focus on marketing plan articles for the freelancer to have a successful business.

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Category: Getting Started - Self Promotion - Marketing | Trackback | No Comments »

Mar 18

BUSINESS PLANS: Business Plan Examples, Samples, Templates, Software and Tools

In any type of the business including those people that perform freelance work, the proper tools are necessary to become a success. The following links consist of selected online tools for the freelancer to develop an effective business plan.

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Category: Getting Started - Freelancing & Self Employment - Lists - Freelance Resources | Trackback | No Comments »

Mar 16

BUSINESS PLANS : A Collection of Articles for How to Outline and Write a Business Plan for Freelancers Starting a Small Business

Business plans are necessary in all types of businesses … and this also includes freelancers. Writing an effective business plan will help you plan out the success of your future business. Factors such as customer base, profit potential, as well as many other factors will be placed in this document. The business plan will help you, the freelancer, think through every aspect of your future successful business. We found the following business plan articles to be very helpful and we hope that you will find them to be useful too.

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Category: Getting Started - Lists | Trackback | No Comments »

Mar 11

Online Tools and Software for Task Lists and To Do Lists - Perfect for Freelancers & Self Employed Business Owners

A freelancer’s time is precious and he/she must follow precise tasks to maintain productive performance and income. The following link list will examine useful online tools that will keep the freelancer in a productive manner. The following list is a list of To-Do Lists and Task Management Lists tools and software.

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Category: Freelance Projects - Staying Organized - Time Management - Freelance Resources | Trackback | 1 Comment »

Mar 9

How to Invoice Your Customers Properly : A List of Online Guides on Invoicing for Freelancers

In a previous list, the freelancer was presented with a list of tools for creating invoices. The following links will present the manner and methods in which to develop a proper invoice for the freelancer of any business type. With the following helpful guides and tutorials, you as a consultant will understand the steps that you will need to take in order to invoice your customers properly.

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Category: Freelance Finances | Trackback | No Comments »

Mar 4

Invoicing & Billing Tools / Software for Freelancers Needing Help with Invoices

The Invoice is an important part of any type of business out there, including for the freelancer as well. The basic definition of an invoice is a detailed list of goods shipped or services rendered with an accounting of all costs included in the document. As a freelancer, we might not feel comfortable dealing with invoices or money in general. The links below offer a vast variety of online invoicing and billing tools for the freelancer in all business types.

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Category: Taxes - Freelance Finances - Staying Organized - Lists - Freelance Resources | Trackback | 1 Comment »

Feb 25

How to Defeat Writer’s Block - Tips & Hints to Overcome Writer’s Block

Helpful hints and tips to overcome the dreaded White Page Syndrome - There is probably nothing more dreadful and problematic for a writer than not being able to get going, being stuck on a menacingly white page. Many a time, one or more writing assignment make us feel like Jack Nicholson in “The Shining”; one step shy of freezing to death in a haunted hedge maze. Once the choke has started its nefarious effect, it becomes quicksand, drowning us further and further into an inability to come up with something to properly put down on paper.

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Category: Lists - Freelance Writing Tips | Trackback | 1 Comment »

Feb 19

Ways to Get More Customer Referrals for Your Freelance Business

In the world of freelance, customer referrals are everything. The amount of customer referrals will often determine how successful one’s business can really be. As word spreads quickly, having customers refer others to you and your services is a wonderful way of gaining new business and making more money. There are a few distinct ways to get more customer referrals for your business.

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Category: Client Relationships - Self Promotion - Client Referrals | Trackback | 3 Comments »


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