partnerships

[lloyd1980]

money is root of all evil and you would fall out over it, stick to being a boss and hire help then theres no arguing when you want to do things your way, as im sure you will

 

[petegibbons]

a friend of mine is starting to work for himself and has some projects coming up that require more tahn just himself as do i and we were considering working together on all of them under my name as im already set up and reg'd,
for the first few jobs hes gonna register as self employed and just invoice me for time and if it work then see where it goes from there.
does any one else trade as partners and does it work well . and if so any tips on creating a successful relationship

I've been in 2, one with my best man, god father to my children and best friend who I'd known for 25 years (since under 9's football) in pub ownership and other interests. We fell out to an extent that we don't bother with each other any more. He had no business interests out side our partnership although I had my electrical business which was very successful whilst our other business's struggled. After getting in with the wrong crowd he fell out with me believing something funny was going on which it wasn't. He actually stitched me up on buying me out on the pubs whilst I took properties but I'm glad it's all over with now.

My brother in law worked with me, not in a partnership just as an employee but I believe he had hopes to take over in future however now I have brought my children into the firm and they've moved us forward, he has also left trying to claim wrongful dismissal even though I have never dismissed him and have plenty of work for him. He's currently doing foreigners whilst getting sick pay off me and has been for 6 months. It's a big dissapointment but I think he just got jelous of the success others were having and he does not see what others have given to achieve this.