I would consider working in a partnership if I were to open such a business because even though you profits will be shared, your losses will be shared as well. The business is most likely going to survive if the losses were socialize because one owner may not be able to continue his/her business if the losses are too great. The key is finding the right partner to work with. He/she has to be committed and willing to endure the hardships and successes and finding that person can be very hard to do. However, if you wish to grow your business or create a big company, then more people will be required to deal with the increasing complexity of the business. I would initially start my business as a a sole owner so that I can familiarize myself with all aspects of the business. This way, I would be able to counter any difficulties and would gain experience. After a while, I would consider bringing in a partner but only if the business is doing well or performing as expected. It’s good to have someone who can share the work so that it does not become overwhelming but the best thing to do is to start the business alone and then find that person. The way to minimize risk is to do essentially strict vetting of potential partners and have high standards in picking that person. Your business means a lot to you; therefore, it’s in your best interest to have high standards and to pick the best person. Also, picking a partner is supposed to give you an advantage. Finding the right partner may be hard, but it’s not impossible since many big companies have partnerships.