Quote from: Fiatless on Today at 10:46:44 AM

Quote from: chrisculanag on August 01, 2023, 05:03:20 PM

That's a good strategy, if I'll learn more and when I become more experienced then I'll resign from this job and try to start my own business but of course not near the place of your old job in respect to it. It is also a good idea to study each area that is in line with the business to be built because its capital has a better chance of growing.

Business needs a lot of time to grow and start making a profit. So before you resign from your job you to make should ensure that you have a good saving that will be enough to take care of your needs until the business starts making a profit. Resigning from your place of employment and depending on your young business for survival will affect its sustainability and survival. You can also consider resigning when your new business has grown and can pay your salary.

You have a point that you must have a large investment to support the plan to do business well, it is also better to just work first until the business grows. You are right that we should not let go of work first so that we can support our business. But we should really accompany this with learning about things that are good to do business that are more in line with our area. Because if we do this, there is a higher chance that our desired business will grow.

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You have a point there, it's good to have business partners who know how to agree with our plan. Because there will be understanding and there will be more cooperation because of this. It is also right to have agreements because it is very important for the beauty of the business that includes good plans for building their business. Because of the understanding there is a chance to have a big profit.

Quote from: Fiatless on Today at 10:46:44 AM

Partners should have the same vision for the business. And necessary legal partnership agreement should be signed by the parties involved in the business. Procedures or means of sourcing funds, roles of partners as well as the profit-sharing formula will be included in the partnership agreement. My ideal partner will be persons that are knowledgeable about our line of business especially in areas that I don't know much about.

That's what business partners should do because there is more hope for the business to grow if there is good handling and there is talent in resolving what needs to be done if there are problems.