This is a PDF document titled "partnerships can kill you.pdf" created in August 2025. It is a detailed small business pocket guide authored by Shannon Jean and Dave Hamilton, focusing on the challenges and best practices of business partnerships. The content includes personal stories, advice on vetting partners, managing expectations, communication, and the importance of a Working Agreement. It also references their Small Business Show podcast but is primarily a written guide rather than a conversational transcript.
Questions this document answers
Different types of partnerships include general partnerships, limited partnerships, and joint ventures, each with varying degrees of liability and control.
Reasons include shared resources, entering new markets, and combining skills for a specific goal.
It should include scope, responsibilities, decision-making processes, dispute resolution, and exit clauses.
Success can be measured through profits, growth metrics, personal fulfillment, or other agreed-upon benchmarks.
It leads to innovation, resilience, and a healthier partnership.