Growth Through Partnership: How the Right Collaboration Can Build More Than a Business
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Growth Through Partnership: How the Right Collaboration Can Build More Than a Business
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Episode Summary: Exploring the essence of successful business partnerships, Jeff Fink, Partner at Coren Lichtenstein LLP, shares insights on how strategic collaborations can drive sustainable growth. From real-life examples to defining partnerships beyond ownership, Jeff delves into the critical factors that determine fruitful partnerships for small and mid-size businesses.
Key Timestamps: 00:00 – Introduction 01:30 – Story of a profitable joint venture 03:15 – The impact of strategic alliances on small businesses 04:45 – Defining partnerships for long-term success 06:20 – Knowing when to bring in a partner 08:10 – Factors influencing partnership failures 09:45 – Balancing legal structure and human dynamics in partnerships 11:20 – Steps to evaluate the right strategic partnership
About the Show: *Partnered Up* delves into the intricate world of business law, deals, and dynamics, offering practical insights and expert advice for entrepreneurs and business owners looking to navigate the complexities of partnerships.
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