1. How well do you know your partner? Ask tough questions up front.<p>2. What strengths and weaknesses do you both bring to the partnership? A good partner will complement your skills and assets.<p>3. Do you have a shared vision?<p>4. What type of partnership will you form? Begin by writing down expectations (and agreements) about profit-sharing, ownership, and how decisions will be made.
control going to be determined?<p>5. Do you like this person? Make sure this is someone you like enough to want to weather
through adversity when the going gets tough.<p>6. If your partner is a friend, how strong is your friendship? Decide ahead of time if your friendship can withstand the inevitable disagreements, downturns, and
even dissolution of the business.<p>7. What is the exit strategy?