Yes, I actually found a great resource on this recently. If you check out partner management statistics they’ve got some really interesting statistics on partner management. It covers things like how businesses structure their partnerships, common challenges in managing them, and the key factors that lead to successful collaborations. It’s a helpful way to understand what works and what doesn’t when managing business relationships.

<span data-sheets-root=”1″>I am sure that expanding your business through partnerships is a significant step. Studies indicate that less than 40% of business partnerships remain active after four years, highlighting the challenges involved. Common reasons for partnership failures include lack of trust and communication, with 38% of managers attributing unsuccessful collaborations to these factors. However, when partnerships are well-structured and goals are aligned, they can lead to long-term success, with around 80% of such partnerships achieving their objectives. For insights into managing business relationships and understanding potential challenges, platforms like PissedConsumer can provide firsthand accounts and reviews from other business owners.​</span>