Is it best to go into a business partnership or go it alone in the market research business?

Either as long as you can trust your partner and you draw up contracts if entering into a partnership. May also be worth considering setting up a limited company as you can do this with a small business, and at least then you will not be personally liable if things do not go according to plan with your business idea. Good Luck!

Is it best to go into a business partnership or go it alone in the market research business?
it is best you go in to market research
Reply:I'm no expret at all but I'd say it depends on:





a) on the scale of the job you have to do (increased scale means more people)


b) the degrees of specialisation required (do you alone have all the skills?)


c) capital required for start up (can you independently fund wages and advertising, premisis and initial reaserch where needed, alone?)





and





d) related to c%26amp;b: - your business contacts, credentials and reputation (are they alone enough of would you benifit from a partner?)





Perhaps you could place your idea before a bank manager. If he's willing to fund a loan for you with or without a partner is the question. You could use his educated response to help you in your decision.





I'm a secular humanist and my advice comes for free and with goodwill, but please use any money you might make humanely.