Jane Out of the Box Expert: Money and Family Discussions in Business Partnership are Crucial

HUDSON, FL, November 19, 2010

Probably the two most important aspects of a business owner's life are family and money. Therefore, it makes sense that when two entrepreneurs are considering forming a partnership, they communicate openly about these two topics. Partners who share similar views on family and money are more likely to find success.

Characteristics to Evaluate in a Prospective Partner Part 3 is the latest article by entrepreneurial expert Michele DeKinder-Smith. The article reveals why it is absolutely crucial for two prospective business partners to open discussions about money and family before cementing a partnership.

Based on continuing professional market research of more than 3,500 female business owners, Characteristics to Evaluate in a Prospective Partner Part 3 provides in-depth details about how to determine whether two partners share compatible views of money and family - and why it is so important that they do.

Characteristics to Evaluate in a Prospective Partner Part 3 highlights:
• Why partners' similar views of money and risk increase their odds for success and harmony.
• Specific money-related discussion points for partners to use to determine their compatibility.
• Several possible reasons money issues may arise (some of these might be surprising).
• Why it is critical to get past the mindset that money issues are private.
• Why two prospective partners absolutely must discuss their family commitments and expectations before signing the papers.
• One major reward in a business partnership - when it comes to family.
• Different types of family scheduling to keep in mind.

Open and honest communication is a must-have when it comes to money and family in a business partnership. If partners can come to an agreement in these two areas before launching a partnership, smooth sailing is more likely.

Characteristics to Evaluate in a Prospective Partner Part 3 is available for download at
http://bit.ly/9stQ20

Michele DeKinder-Smith, is the founder and CEO of Linkage Research, Inc, a marketing research firm with Fortune 500 clients such as Starbucks, Frito Lay, Tropicana, Texas Instruments, Hoover Vacuums and Verizon Wireless. She parlayed this entrepreneurial knowledge and experience into founding Jane Out of the Box, a company that provides female entrepreneurs like YOU with powerful resources, such as educational blogs, teleclasses, newsletters, and books. Michele was recently named to the National Association of Women Business Owners national board of directors for a two-year term. Buy a copy of her latest book with coauthor Azriela Jaffe, "See Jane Collaborate," which contains more in-depth information about this article's topic, at http://www.seejanecollaborate.com.