|Today’s guest post is from Bev Sninchak, a veteran freelance writer with 16 years of experience producing content for both print and online publications. She writes about many subjects, from managing your online reputation to mastering social media strategies. She lives with her husband, kids, and a menagerie of pets in the beautiful Rocky Mountains of Colorado.|
When you start a company with another person, you are connected to them personally, professionally and financially. Are you sure you know everything about your soon-to-be business partner?
Here are five reasons to check into your potential business partner’s reputation so you can avoid unexpected pitfalls.
1. Criminal Background
If you plan to start a business with an individual, it’s a given that you want to be sure he or she isn’t a criminal—or worse, a felon. You wouldn’t want to place your company in the hands of a known embezzler or con artist, so it’s paramount that you check your would-be partner’s criminal record.
If you fail to investigate your partner and don’t uncover a hidden villainous background, you’re not only risking the personal safety of you, your employees, and your customers—you’re gambling with your livelihood and financial future as well. [Read more…]