Carpet and Floor Cleaning Industry Chat Forum : Adding a Business Partner https://www.kleenkuip.com/forum/ Copyright (c) 2006-2013 Web Wiz Forums - All Rights Reserved. Sun, 21 Jun 2026 08:40:22 +0000 Mon, 20 Jun 2011 16:47:27 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 12.06 360 https://www.kleenkuip.com/forum/RSS_post_feed.asp?TID=6929 <![CDATA[Carpet and Floor Cleaning Industry Chat Forum]]> https://www.kleenkuip.com/forum/forum_images/web_wiz_forums.png https://www.kleenkuip.com/forum/ <![CDATA[Adding a Business Partner : peculiar wrote:Thanks guys,...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163645&title=adding-a-business-partner#163645 Author: dmreed4311
Subject: 6929
Posted: 20/June/2011 at 4:47pm

Originally posted by peculiar peculiar wrote:

Thanks guys, I took your advice and kept it separate but open to sharing large commercial jobs.
 
You made the right decision, a partnership will almost always end badly.
]]> Mon, 20 Jun 2011 16:47:27 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163645&title=adding-a-business-partner#163645 <![CDATA[Adding a Business Partner : I have done would never do it...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163491&title=adding-a-business-partner#163491 Author: 77748
Subject: 6929
Posted: 20/May/2011 at 11:20pm

I have done would never do it again ! The original owner will always work harder and put more hours in. In any business there will be a time when as you know last to get paid there might not be a profit at some pay period and some partners do not understand that. Learning to be accountable and you must lead by example unfortunately it can go right over someones head!]]> Fri, 20 May 2011 23:20:28 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163491&title=adding-a-business-partner#163491 <![CDATA[Adding a Business Partner : peculiar wrote:Thanks guys,...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163321&title=adding-a-business-partner#163321 Author: John L
Subject: 6929
Posted: 23/April/2011 at 7:54pm

Originally posted by peculiar peculiar wrote:

Thanks guys, I took your advice and kept it separate but open to sharing large commercial jobs.
 
Good choice. I do the same and we just split it down the middle. Fair is fare! lol!Stern Smile
]]> Sat, 23 Apr 2011 19:54:31 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163321&title=adding-a-business-partner#163321 <![CDATA[Adding a Business Partner : Ive been talking about this subject...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163315&title=adding-a-business-partner#163315 Author: vacman2000
Subject: 6929
Posted: 23/April/2011 at 7:01am

Ive been talking about this subject over the last few weeks
I would love to find a partner who was like myself, I work as much as need to achive the results that we need, would never a penny more than I was supposed to, honest and trustworth all the way down the line. However I have had patners (family members) who were honest and trustworthy, they couldnt put the effort in .
There has got to be guys out there like me you just have to find them.
]]> Sat, 23 Apr 2011 07:01:46 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163315&title=adding-a-business-partner#163315 <![CDATA[Adding a Business Partner : Thanks guys, I took your advice...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163193&title=adding-a-business-partner#163193 Author: peculiar
Subject: 6929
Posted: 31/March/2011 at 4:07pm

Thanks guys, I took your advice and kept it separate but open to sharing large commercial jobs.]]> Thu, 31 Mar 2011 16:07:02 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163193&title=adding-a-business-partner#163193 <![CDATA[Adding a Business Partner : Bad move. If you are doing OK...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163058&title=adding-a-business-partner#163058 Author: westcovina
Subject: 6929
Posted: 07/March/2011 at 5:24pm

Bad move. If you are doing OK DO NOT DO IT!]]> Mon, 07 Mar 2011 17:24:22 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163058&title=adding-a-business-partner#163058 <![CDATA[Adding a Business Partner : Paul63 wrote:. He used to clean...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163056&title=adding-a-business-partner#163056 Author: John L
Subject: 6929
Posted: 06/March/2011 at 8:54pm

Originally posted by Paul63 Paul63 wrote:

[QUOTE=peculiar]. He used to clean carpets many years ago but left the business to get a high paying job.  He was recently laid off and just bought some equipment to start cleaning again. We are interested in becoming partners because of what we each bring to the table. 
 
He use to! That right their tells ya he can't run a decent 1 man operation. He might
leave again if that high paying job re-hires him.
What is he bringing to the table? A T-bone? LOL! Better be Capital. Like 1/2 what
yours is worth. Just some thoughts. Like others said above... Don't do it! Unhappy
]]> Sun, 06 Mar 2011 20:54:46 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163056&title=adding-a-business-partner#163056 <![CDATA[Adding a Business Partner : I personally would not do it....]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163055&title=adding-a-business-partner#163055 Author: alphacleaning
Subject: 6929
Posted: 06/March/2011 at 2:00pm

I personally would not do it. If you have capital, you should rather look into buying some other company than finding a partner who doesn't bring anything to the table.]]> Sun, 06 Mar 2011 14:00:36 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163055&title=adding-a-business-partner#163055 <![CDATA[Adding a Business Partner : What is his buy in? Deals that...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163054&title=adding-a-business-partner#163054 Author: duckcountry
Subject: 6929
Posted: 06/March/2011 at 1:26am

What is his buy in?  Deals that are for less than 100% money upfront are slimy.  What he brings to the deal has to be capital, not equipment value.  There needs to be an agreement about required work hours per week, the roles each play. 
You can't afford to take on a welfare case who gets half YOUR money.  He is bringing nothing to the business that justifies his expectations. 

I can understand two existing businesses merging, but a quitter as a partner when he has no portfolio of existing  customers and no reserves which could be used to expand the business to at least twice its present size in 6 months, tell him that when you are looking for a partnership arrangement, you will revisit his offer.

That's my opinion on the challenge you put up for discussion.
]]> Sun, 06 Mar 2011 01:26:02 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163054&title=adding-a-business-partner#163054 <![CDATA[Adding a Business Partner : Very few partrnerships work....]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163048&title=adding-a-business-partner#163048 Author: cmaster
Subject: 6929
Posted: 03/March/2011 at 4:22pm

Very few partrnerships work. I would never do it!!!!I agree]]> Thu, 03 Mar 2011 16:22:02 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=6929&PID=163048&title=adding-a-business-partner#163048