Nobody goes into a relationship with the hope of having a dispute someday.
But it happens and the best anyone can do is prepare for it.
Starting a business with a partner has so many benefits, but it also has its peculiar disadvantages.
One of which is – Conflict between partners.
You have seen or heard of it at least a few times, where a disagreement between co-owners threatens the existence of the business they have toiled to build.
Of course, not every conflict ends in the demise of the business. Some, if well managed, can make the business stronger as a result.
Here are 3 ways you can handle disputes with your business partner.
Accidents happen.
But what happens when accidents happen in a small business without insurance?
I recently read about the 5.2 billion Naira paid out in insurance to businesses for the damages of last year’s #EndSARS damages.
Unfortunately, many small businesses and retailers that suffered similar damages did not receive any claims.
Because their businesses were not protected.
Some have had to close shops, others draw from the business and personal funds to rebuild their businesses.
This is one of the many reasons small businesses must prioritize protecting their investments, assets, and employees against unforeseen events like fire, burglary, etc.
No doubt, many small business owners feel reluctant about getting their businesses insured because they believe that it’s too expensive but the truth is that it’s cost-effective.
You don’t have to stick with your old sales pitch that no longer works.
You can optimize it to bring in more sales.
Unfortunately, many business owners stay stuck with a poor converting sales pitch and just hope it works.
If this sounds like you, it’s time to change your strategy.
Update your sales pitch and see how easier it is to meet your sales goals.
Let’s walk you through seven ways you can make your sales pitch better and more effective.
If you want to start a new business this year, we have just what you need to get started.This book is a continuation of Volume 1. It gives you an in-depth guide to registering your businesses without stress and the financial implications that come with hiring a lawyer.Grab a copy for only N4,999 today!!!
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