SUCCESSFUL COPRENEURSHIP: A REVIEW
The term “copreneur” refers to a couple who starts their own business as a means of increasing the family’s financial security, the couple’s income, and the joy they experience from their joint endeavour. One of the most critical components of a company’s success is the founder’s ability to think creatively and resourcefully. In order to stay in business, it is essential that it must prosper. There has to be agreement on who does what in a copreneurship for the firm to thrive. This paper discusses about few successful copreneurs and the advantages and disadvantages of copreneurship. Teamwork with a spouse may be rewarding and challenging in equal measure. The teamed and seamless efforts can lead to successful copreneurship. Conflicts and disputes might arise as a result of these unfavourable circumstances, which would be bad for the copreneurial enterprise. Copreneurial businesses may overcome obstacles that threaten the
company’s growth and viability by using sound conflict management practices.