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What is the best way to find an operating partner to help me run or a buyer to purchase my business?

I have a newer business that has huge growth opportunity and I need help running it. I am looking for an operating partner or potentially a buyer. What is an effective way to find someone without a huge investment?

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Answers (2)
Steven St
World Business Partners, Inc
Los Angeles County, CA

Are you looking for an employee or an investor? If you're looking for a partner there are several ways to go about finding a partner. Starting with going to your local real estate or investment club meetings in your area. The chamber of commerce meeting could be a good place as well.

The problem with this type of partnership is that you HAVE to find someone who you can work really well with and who has the same goals and plans as you do. This type of close partnership is very hard to work with and requires an iron clad partnership contract that covers everything. You will have to hire to very very very best contract law attorney you can afford. This will be the best money you will have ever spent.

Maybe you could consider a silent partner and hiring an operating manager. That would be a much easier contract to write and would have cleaner lines to who does what and who is in charge.

Hope this helps

Apr 25, 2009
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The BAF Group LLC
MD

So many of the questions here are completely impossible to answer in specific terms. This is one of them. We would love to be able to answer you, but would require so much more information in order to do so, that a conversation would be best. If you are interested, call Don Barrick at 410-715-0700.

Apr 5, 2009

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