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Why Trades Hurt Business Relationships And What Entrepreneurs Should Do Instead (feat. Staci Millard)

Dela

In this episode of Community, Kristina and CEO of Thrive Accounting Staci Millard are talking about whether or not you should be making trades in business.

For this purpose a trade is the voluntary exchange of goods or services between parties instead of monetary payments.

Trades always come with some risk, especially if the terms aren’t clearly defined, tune in to hear:

  • Whether Staci and Kristina support making business trades.
  • Stories from their own experiences making trades.
  • How to negotiate payment terms instead of making trades.
  • The importance of using contracts, even with friends.
  • How to make partnership deliverables clear.

Sometimes what seems like a win-win on the surface can quickly become complicated behind the scenes.

Join us for this episode as a reminder that contracts keep friends and that poorly defined trades lead to blurred expectations and misaligned deliverables.

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