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  • sahitya.sadineni started the topic Partnership characteristics in the forum Business 101 7 years, 7 months ago

    In my personal opinion, partnerships and sole proprietorship are very similar but with lower risk when investing due to the split of initial costs for partnerships. Partnership sounds amazing for whenever two people share the same objectives and are willing to work hard in order to achieve it. Even though you run less risk from a financial point of view, there is still a lot of risk when choosing the correct partner. Would you consider doing a partnership in the future? If so, what characteristics would you prefer for your partner?