Partnership

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March 8, 2019
Business consultancy advice
March 8, 2019

Partnership

QUESTION 1. Assume you and another long-time partner own equal shares (50% each) in a
promising venture. This means major decision must be approved by both of you as each of you has equal
controlling shares in the business. Furthermore, at the present time your company is facing a major
decision on growth and expansion where you and your partner have different views on growing your
business. Specifically, you have serious doubts about your partner’s passionate plea for growth and
expansion for your business. You feel especially under pressure because your partner has prepared a
Growth Plan that contains convincing reasons and discussions as why growth and expansion is very good
for the partnership. Moreover, in arguing for growth your partner’s reasons for growth address both
operational and financial side of the business.
Regardless, based on your own reasons and experiences at the said venture, you still do not feel
comfortable with any planned growth at this point. On the other hand, your partner is a very smart and
well-experienced woman and you owe it to her and the venture to outline and discuss with her your own
reasons for no growth. In doing so, you need to put in writing your counter-arguments and reasons and
submit it to her for her studying before your planned meeting on the growth issue. Just based on what
was said in this question and what you have learned in this class, answer the followings:
Part A. In no more than two pages, double-spaced, explain to your partner why she should not go ahead
with her growth plan. In this part you need to list and discuss your own reasons for a no-growth strategy
at your business.
Part B. Assuming you succeed in convincing your partner not to go with her proposed growth plan, draft
a 1-page Action Plan summarizing your own alternative strategy of no growth for the venture for the
coming year.
Be clear and organized in your response to this and any other question. (Being organized means you
categorize the key elements of your response so that the reader, in this case I, can better follow your
chain of thoughts and writing.) Maximum pages allowed: 2-3, double-spaced, size 12.

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