A business partner is an individual or entity that collaborates with another in a business venture, sharing responsibilities, risks, and profits. The business partner definition can vary, but it generally refers to someone who contributes capital, expertise, or resources to help run and grow a business.
The role of a business partner depends on the type of partnership and the agreement between parties. A business partner may handle management, funding, networking, or specialized tasks to drive the company’s success while sharing the risks and rewards of the venture.
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