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For Kleinloog, there are a number of reasons not to partner with someone.
Firstly, don’t partner up with someone to solve your problems. So if you aren’t coping, that’s not a reason to find a partner. “That’s like finding someone to be exhausted with.”
Then, something she’s heard from every single intern they’ve had over the last six years: ‘I’m a creative, this isn’t really my thing.’ “Getting someone to do the crappy part of your job while you do the fun part is not a partnership.”
Another reason is for money. “Don’t make money a firm and fast reason for needing a partner... However, money is a proposition of value, so if the partnership opportunity comes about, you do have to have a very clear measure of value. You have to place a value on the business assets, on you, on your goodwill, all that jazz, and there needs to be an exchange of those values.”
Another really bad reason is what some people will tell you are good reasons: ‘I’ve got some money and I want to invest it in a business… any business.’
‘I don’t have any money but I have great connections.’ “That’s a terrible idea! You might be very popular, but there’s still not a real equitable value to that point.”
‘I’ve always loved decorating or décor and I want to invest in your interior design business.’ “Just walk away.”
This is a good one too: ‘We are best friends.’ “You need to have professional respect for each other and the business needs to come before your friendship, because if you can’t make rational decisions, you’re going to get into trouble.”
Basically, you have to want the same thing, and you have to understand it.

Kleinloog and her business partner, Megan Hesse, were friendly, but not besties. “Sometimes you need to go on a date, sometimes the two of you need to go for dinner and remember why you are doing this,” she advised.
In this way, a business partnership is pretty much a marriage.
Your business partner is like your husband or wife, so you need to have a contract in place. “From the start, there needs to be a clear understanding between the two of you so that if the poo hits the fan, you know what’s going to happen.
“Similarly to a prenup, you don’t just get married to someone willy-nilly; you date, you think about it, you come to an agreement and then you both agree on what you’re going to do and how you’re going to be protected if you happen to get divorced.”
In selecting a partner, this is a critical, key point between the two of you.

Some other learnings
Anatomy Design is opening its bespoke retail experience at Trumpet, 19 Keyes Avenue in Rosebank on 1 September, which also marks the opening of the precinct and Anatomy Design’s inaugural First Thursday. Open to the public from 6:30pm.
