Do friends make good business partners?

For whatever reason, individuals think that friends undeniably make great business partners. This is simply not true. Compare the qualities you want in a friend and see if they match with what you want in a business partner. There will be a lot of similarities but it’s the differences that you want to focus on. Have you had a GOOD or BAD experience going into business with a friend? How did you make it work (if it did)? And why didn’t it work (if it didn’t)? What were the lessons learned?