Do you think it's good to do business in partnership with relatives?

I think it's good to do business with relatives, because relatives and family will help us.

As the saying goes, I think it is not difficult to settle accounts with my brothers. Since we are doing business, we should make the rules clear. The contract is indispensable, and the responsibilities and obligations of both parties are clear. The risk of breach of contract and the consequences to be borne must be signed before occupation. Actually, there is nothing to worry about! Better be a gentleman than a villain! The key depends on your mentality and method. Moreover, relatives only represent blood relationship and cannot replace the purpose of partnership. Therefore, you have resources and I have money. There is nothing wrong with clarifying the principle of interest distribution. . It should be possible to do business, but if you want to settle accounts with your brothers, your rights should also be guaranteed. Otherwise, you can do business with the problematic partnership, but the interests must be clearly divided. Let's talk about this first and settle accounts with our brothers.

There are three sentences in the movie "Chinese Partner": Don't play mahjong with your mother-in-law, don't sleep with a woman who has more ideas than yourself, and don't start a company with your best friend. This is because when personal interests are involved, even between friends and brothers, there will be disputes and even fights. When you decide to do business in partnership with friends, you must remember one sentence: Brother, settle the accounts. Choosing the right brother is very important. Secondly, we must first tell the truth, determine the agreement, clarify the division of labor, and sign a financial transparency agreement.

The main content of this agreement is to define a responsibility of both parties, the division of responsibilities, including the final decision, the distribution of interests between you and so on.

For the benefit of both of you, both sides must be objective, frank, tolerant, indifferent and fair, and communicate in time no matter what problems you encounter in the process of cooperation! In case of estrangement!