Profitability or Partnership?

As a business owner, you will have to face this kind of question so very often. Which is the best for your business, profitability or partnership? Pushing your business further only based on profitability concepts is not something wrong at all. The success of a business of course depends on how much profits it can make. But what about partnership?

Partnership means sharing your profit to another party. Although it seems to be balanced well because the portion of responsibilities are shared accordingly as well. Some big success business men said that partnership is an action to prevent losses from unpredictable market risks. That is true but, even with the most reliable and trusted business partner, partnership means adding another risk to your business. Of course, this is also kind of risks you can not lock as with partnership you put the business into an insecure zone.

But there many reasons why some businessmen chose to cut the profitability for a long term partnerships. Of course, finding the right partner is most crucial thing to do if you are choose to share the risks with another party. In the end, the decision lies in the hand of the decision maker, that's you.