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How to Choose a Business Partner (Infographic)

Finding the perfect business partner isn't easy, but it can make or break your company.

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Finding the right business partner is a of . While it can be a tough, it's extremely important to find someone compatible with you and whose skills complement yours.

Klaus Vedfelt | Getty Images

Related: 5 Things to Consider Before Getting a Business Partner

So what can you do to have a good ? For starters, understand your business and leadership style so you know what you need from a partner. Ask yourself including: Do I prefer coming up with facts and figures or ideas? Do I like to plan things or play them by ear? Do I look at the bigger picture or focus on details? Questions such as these can help you understand what you can bring to the in order to figure out what you need from the other person.

Related: Everything You Need to Know About Business Partnerships

Once you figure out the type of partner you need, there are a few other rules to live by. Before jumping into a partnership, you should know that person for at least a year so you've seen their true colors and have a solid grasp of who they are. Next, make sure your and beliefs line up. It would be no fun to butt heads later on. Lastly, draft it all out: Write out your partner's responsibilities, rights and so everything is clear and transparent.

To learn more, check out Business Backer's below.

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