Although in running a business money is absolutely necessary, it is people who can make or break a business.

It cannot be over emphasised that you must select your partners carefully, but you often do not realise their limitations until it is too late. Unless you are happy with your partner, start with employees. However you may have convinced yourself that you cannot go it alone, because of your mental outlook and feel more comfortable with partners, especially if they add value, money and take some of the risk.

The fact remains that if they inject funds, you now have to share control of the business, which includes limiting your profits, but also reducing your risks. Always try to keep control -50% plus. To read this full article online, click http://www.sabusinesshub.co.za/section/content.php?SectionId=4&SubsectionId=12&ContentId=1772