Quote:
Originally Posted by Steve
Hi Joe,
I'd love to hear some of your insight into partnerships.
What advice you would have for others considering getting into one and what you would do to resolve issues before they happen.
As far as the mowers go, are they both fixed decks? Doesn't one of them have suspension and the other one doesn't?
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Hello Steve.
Yes. The Ferris has suspension while the Scag does not. Both have floating decks if I;m not mistaken. I've been trying to get and honest opinion about mowers off the internet but can seem to find anyone with a straight answer. If I can't find the answers I'm looking for then I'll just have to go with my gut feeling.
About partnerships: I have a lot of considerations and opinions about partnerships. My first bit of advice would be that if you do not have to get into one, then don't.
By this I mean unless it is totaly necessary for you to have a partner I would recommend going it alone. Although having a partner can be a motivator for both parties, your best bet is to start your own company and hire some part time help if you need it. Get everything in writting up front and I mean everything. From who will handle the paperwork (sending quotes, billing, communications, etc...) to which accoutant you will be hiring. Not having every aspect of the business in writting can only lead to misunderstandings and possible leagal action in the future.
Until you have things in writting between the partners, do not do any work as a company. Make sure that you get a business agreement made up and signed before you start. Not doing so can cost you thousands of dollars.
Of course this is just basic advise and theree is a lot more to it. I wouild just say be careful who your going into business with and think about if it is worth having a partner or not.
Got to go pay the bills. Later...
ps. sorry about any spelling errors.