Expert Explains Importance of Due Diligence in Creating Partnerships

Oct. 28, 2010 - PRLog -- When a female business owner begins planning for creating a business partnership, it is likely that she is considering the positive role this partnership will play in her company: she’ll share responsibility, share success, and be able to offer her customers the variety they deserve. The likely success of these business partnerships increases with due diligence.    

Women In Partnerships – The Importance of Due Diligence is the latest article by entrepreneurial expert Michele DeKinder-Smith. The article reveals some surprise research, along with considerations female entrepreneurs may want to make when building partnerships.

Based on professional market research of more than 3,500 female business owners, Women In Partnerships – The Importance of Due Diligence provides useful tips for determining when due diligence is necessary.

Women in Partnerships – The Importance of Due Diligence highlights:
• Why due diligence is important, in any case.  
• The importance of performing due diligence when it comes to protecting a business owner’s future.
• Keys to performing due diligence when creating a business partnership.
• Whether due diligence or “caution-to-the-wind” partnerships work better.
• Which types of situations may require less due diligence.  
• The potential benefit of performing due diligence.  

A business partnership is the equivalent of marriage – so it isn’t something business owners should enter into lightly. While some partnerships may work very well without due diligence, others may not – and this article outlines the reasons due diligence is absolutely important.

Women in Partnerships – The Importance of Due Diligence is available for download at
http://janeoutofthebox.com/blog/women-in-partnerships-–...

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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 www.seejanecollaborate.com.