Currently, Ann Schafer is a sales representative for The Pampered Chef, a direct sales organization which sells

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Currently, Ann Schafer is a sales representative for The Pampered Chef, a direct sales organization which sells kitchen utensils and related products. Ann, who lives near Houston, Texas, is thinking about leaving her current job so she can open her own firm which she envisions as a combination cookware store and cooking school near where she lives. Ann’s background is in cooking and sales. She is thinking about finding a partner to join her in launching her firm. What qualities should she seek in a partner who might also be the cofounder of her firm? Also, what type of board of advisors should she establish?

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