Showing posts with label Business partner. Show all posts
Showing posts with label Business partner. Show all posts

Oct 26, 2019

Suge Knight Business Partner Sentenced for Selling Video Evidence to TMZ

The judge in Knight's case prohibited the release of any evidence in the murder case.

A business partner of Marion "Suge" Knight was sentenced on Wednesday after pleading no contest for conspiring to sell sealed video evidence to TMZ.

Mark Blankenship, 58, was charged with one felony count of conspiracy to obstruct justice. After entering his plea, Blankenship was immediately sentenced to five years of formal probation and ordered to pay $55,000 in restitution, according to the Los Angeles County District Attorney's Office.

Blankenship was accused of arranging the sale of a surveillance video showing the fatal 2015 hit-and-run involving Knight to TMZ (a deal worth $55,000), which was then posted to its website.

The judge in Knight's case, Ricardo Ocampo, prohibited the release of any evidence in the murder case, including the video.

Blankenship and co-defendant, Toilin Kelly, knew the tape was sealed, authorities said, but sold it to TMZ anyway.

The 38-year-old Kelly pleaded no contest in 2017 to one count of conspiracy to violate a court order, according to the district attorney's office. She was placed on formal probation for five years, ordered to perform 100 hours of community service and also pay $55,000 in restitution.

In October 2018, Knight was sentenced to 28 years in state prison after pleading no contest to one count of voluntary manslaughter and admitting a special allegation that he used a deadly weapon, his truck, when he ran over two men following an altercation outside a fast food restaurant. One of the men died.

Jun 27, 2012

When Is The Best Time To Choose Your Best Business Partner

All the business can not go on without the partners, a partnership is also the best ways to expand your company, as it allows two businesses to share risk and ideas together. But looking for the best and suitable business partner is also need some skills.

Looking for a business partner is a strategic move that can be either 'offensive' or 'defensive'. The difference is your level of bargaining power; this will influence the pressure that will inform your strategy. In an offensive partnership, you are able to negotiate the terms on a fair level. So when exactly should you form an offensive partnership?


 If you have marketing strength, then you can partner with a company that has production strength. You contribute a pool of resources to the partnership and negotiate the terms. This will equip you to attract only the best because you are doing so well. This can be a strategy for growth, but you must show your partner you have the potential to grow.

You want to combine forces to compete against an industry player. It is possible to partner with a similar business to ensure you can compete against big industry players. It not only saves you money, but it ensures you have significant market share that will give you sufficient industry presence to control market trends.

Sometimes, businesses enter into defensive partnerships, which can be costly as they often do not have sufficient bargaining power. In other words the other partner has more say in the partnership. A wise man knows when to swallow their pride to save a legacy. If you are approaching the decline stage of the business, and you realise that you are losing more money, forming a partnership with a stronger alliance can offer a healthy alternative to shutting down operations. The secret in such a partnership is that you may set the time the partnership agreement will end.

Feb 20, 2012

How To Build The Long Term Cooperation With Your Partner

Most communities include numerous nonprofits, such as charities, religious organizations, teams, clubs, schools and assorted causes, all with limited resources, each locked in an ongoing struggle to maintain their mission and keep their vital services going. One common denominator is that they all need continuous revenue to operate. Along with an uncertain economy, they all experience intensecompetition, time-constraints and strained budgets, which is enough to challenge the hardiest of fundraisers. For most organizations, the fundraising treadmill never lets up, so it stands to reason that an effective, simple and long-term solution would be highly sought after by fundraising administrators.

Times are changing. New technology and the number of nonprofits are proliferating at a record pace with more organizations vying for the same amount of revenue. New and improved electronics also make change imminent. If your organization is operating with a short-sighted or outdated mindset you may suffer in this environment.

A business partner should have always some responsibilities and power like you have for your business but your guidance and control over the deals and actions he/she is taking matter to save you and your company from any type of loss (financially or in reputation).
Now you got the answer that you have to find the person who have same qualities like you should have being a successful business owner but I would like to describe this bloody business partner qualities in detail as below.
There are a lot of people around you who were very powerful nominee for taking the position of a business as a business partner but they felt only because they were not good in taking right decisions at the right time what really matters for any business growth or destruction. So your business partner’s first quality should nothing different than this he/she should be serious and good decision taker in opposite situations.

Business covers millions of ideas to work with, may be traditional or brand new you have developed by own to lead the market and in that case when you thinks about inviting a person as a business partner then your first few questions should not be different that what you know about this business ? Do you like this business theme ? and many more to know how much he/she is close to your business and also from your personal likes and dislikes regarding your business. So just get face to face observation of that person who is infront of you to become your helping partner.

You may be wondering that I don’t says education required in your business partner, then I would like to say getting a good business partner can’t judge anytime on his/her degrees but they should have real practical knowledge and passion to learn your business theme matters at all. But due to conversation and other necessary documentation you should have an educated business partner.

He/she should be the mixture of responsible and friendly behavior while it’s rare to get both in a single body because friendly people always fails to remain in their responsible personality even at 2% but fails. A person is required as a partner to hold your business powers to help you in developing it’s other part like outside of the marker to get new one and many more like that when you will get a chance to make your partner responsible for managing the business in your absence and that will be the best time to show your partner’s quality of responsibility and friendly behavior by getting feedback