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  • akshayakirithy replied to the topic Partnership characteristics in the forum Business 101 7 years, 10 months ago

    I would prefer sole proprietorship over partnership in future. In the beginning partners would have agreed upon to the same ideas and goals, but in the future it mght not remain the same. The way the partners execute their common goals might differ. Drawing conclusions inthe near future might become difficult. The way the partners work would differ and it may not be satisfying to the orther partner. Hence i would orefer sole proprietorship in future where only i will be responsible for my companys/organizations success.