Starting a business with your best friend? Make sure to consider these questions

Starting a business is a big decision, starting a business with your best friend an even bigger one. Doing your due diligence, asking yourself and your business partner all the right questions, is key to a successful outcome. We have compiled a list of questions to consider before you move on to the next stage.


Real talk questions


  • What would hold you back from moving forward at this stage?
  • Has your partner demonstrated any technical or financial capabilities or personality traits that worry you or that you think could cause disruption?
  • What are your greatest fears around launching a business, either individually or together?
  • How can you mitigate those fears?
  • What do you see as your main potential cause of conflict within the partnership? What are potential red flags?
  • How can you mitigate those potential causes of conflict?
  • What are some ways you can ensure that you grow and develop together as founders?

If you need more inspiration for relevant questions to ask before starting a business with your best friend, we recommend downloading the 79 questions to ask before starting a business with your best friend white paper.

 
Starting a business with your best friend? Make sure to consider these questions