Are partnerships a good idea? They can be a great idea….or the worst idea you’ve ever had depending upon who you end up partnering with.

Many designers have successful partnerships with friends, lovers, siblings, former colleagues or even  their spouses.

Think of partnerships like a marriage….in a business context. There are many people you may date, have a fling with or admire but their are probably only a few people you share enough sensibilities with to marry.

Taking the construction of the partnership very seriously from the start will be very important to its success. Determine who will do what…who’s good at what and who will have the final word at what. Work with an attorney or do the research yourself to come up with a mutual agreed upon arrangement as to how the partnership with function. This planning time is the best time to ask all the what if questions you can think of….

As excited as you may be to get started getting all this “potential drama,” out of the way will make your partnership a lot smoother in the long run…and hopefully preserve important personal relationships as well.

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