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INTO BUSINESS Partnerships need an out By DOUG ROBBINS If you re thinking about going into business with a partner think twice Only 10 per cent of ail partner ships survive years and most are lucky to last seven Anybody going into a partner a way out of that partner ship a written buysell agreement that spells out how you terminate the partnership If have a business that is earning money at a level equal to the wages of what the partners might earn the chances arc good that the partnership might work In cases where the business loses money it always the other partner fault And if it starts to make a great deal of money greed raises its head or worse still lau and the drawings and of the partners become unequal And then there the question of time off In a new business it snot days or weeks but hours Anyone in fact who not prepared to work SO hours a week for at least the first three years should reconsider going into business Each partner should also have a clear delineation of his or her responsibility and how it is reported Two partners often do the same job and fight over who docs better If both partners know there a way out they II be more attentive and understanding In many cases a partner takes a higher priority in their lives than their spouses It s more traumatic for a man to lose a business that he started than it is to lose his wife People forget that when they go into a partnership it s like getting mamed And like marriages break can be quite bitter One of the sideeffects of going into business for yourself is often the loss of old friends To be successful particularly in the early years of the business you have to be prepared to sacrifice tunc money and even your social life If you re successful many or your old friends won I want to as with you If you fail they sneer at you and you won t want to associate with people who look down at you And perhaps most important of all your interests will change- an I you find that many of your old friends will not be interested the same things you arc is a Hamilton based business broker and well known lecturer on business Passive Exercise For W Ladies You may own an exclusive Salon in th Stresoville Milton Brampton OaVo The Fairer Sex Georgetown Salon has been in operation for 4 months and has over 1 50 members at this time Georgetowns most successful member lost 2 1 inches in 1 0 hours of treatments Lest you think there is any doubt of the success of inch loss consider the words of Georgetowns Salon Manager Genevieve Tippett who has personally lost over 45 lbs We have been told by clients of some other Salons that they feel they have been cheated on their measurements Here at the Fairer Sex we offer to measure our clients Before they start their program and again after 1 0 sessions We encourage our clients to keep their own personal record as well to ensure total accuracy Leg Movemel Bicycle To learn more about the SoloFirm and The