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When it comes to running a small business, competition is always a big worry since you are looking at making more customers that will keep your business going. On that note, do you fancy partnership with other small businesses as a means of growing your business?
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Business partnership is what I don't have in mind now because I can do everything as it's needed in my business. When it's hard for me to do everything alone, I'll start looking a business partner.
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I do not have an offline business just yet. However, If I am given a chance to have one, I won't consider a partnership right away. I will start my single proprietorship business. I want to learn things on my own.
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This is of course a plus for both at the beginning, but when you become a larger company, it will become a problem because everyone will want more and you will have to share the business, and this will lead to quarrels and maybe even a lawsuit. Therefore, it is easier for me to work myself and then be rich myself and not share with anyone.
My business is still growing so I have never had the chance to partner with any small business yet but I believe I we get there soon, as I already have some businesses in mind I would like to partner with.