Three key elements are needed for a successful business partnership: mutual trust built on honesty and consistency, good communication skills through open and constant communication to minimize misunderstandings, and complementary skills where partners have different strengths that complement each other rather than duplicate skills to bring out creativity and reduce costs.

1. IN BUSINESS PARTNERSHIP
PRESENTER
HIBA SHAIKH

2. THREE ELEMENTS:
1. Mutual Trust
2. good communication skills
3. complimentary skills
IN BUSINESS PARTNERSHIP

3. MUTUAL TRUST:
• In partnership, mutual trust and respect is a
foundation on which anything and everything
can built.
Be Honest !
• Distrust increases tension and provoke
negative behavior.
Be Consistent !

4. Good communication skills:
•Communicate with the business partner
constantly.
•Open communication minimizes
misunderstandings.Helps to reduce the risk of
assumptions.

5. Complimentary skills:
•More useful than individual skills.
•one partner is good in technical skills, others
may have decision-making skills.
•If have same skills, need to seek outside help.
That can cost a lot, in terms of time, money.
•Complementary skills brings out creativity.

6. THANK
you…