Forums: Discussions for entrepreneurs and small business.

Has anyone had experience getting funding by bringing on a partner?  I am in a position with one of my companies where it is time to add at least one person that could be at a partner level .  It would be nice to find someone who is qualified and would be interested in buying in to the company.

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Bringing in a "working partner" should be done with care and consideration for many factors - not inclusing their ability to put in cash. If you find the right person for a partner - consider their cash investment to be a bonus. 

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As you did not say what type of business this is the answers will be vague. In
some sectors a person joining as a partner expects to buy in. In other
sectors there is no clear norm.

You might want to have a trial period before there is a financial
commitment.