While deciding to collaborate a company has to define some characteristics on which it will choose its partner. Most important of which are:
Ability to do Critique work in an honest manner
The partner should be able to collaborate in a stressful environment and should be able to take any critique positively and work on to make it better.Should have high commitment with the project and its goals
Unless and until your partner is not committed to the project he is not going to put in all his efforts and thus the results gained will not be as perfect as hoped for.Are credible
The partner that you chose must be able to deliver on time and deliver what he promised he would. Credibility is something that cannot be checked through one’s qualifications but a way to measure it is to look at his previous work with other business partners.Mutual Respect and Trust
Mutual trust and respect are must as they are the finest source of fostering best synergy in your capabilities. Unless there is respect and trust the two parties will not work on the project whole heartedly and will not get results that should have been achieved; as the problem does not lie in the plan rather in the people who are implementing the plan.Shared Business Visions
The most important aspect to keep in mind when looking for a business partner is to look for some common grounds. One way to do this is to have close or related business visions or visions that complement each other.Willing to work
Another important factor is that both the parties are willing to work with each other. If the parties are not willing then synergy in work cannot be created and the plan cannot be implemented which will be nothing else than a total disaster.
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