I would consider partnership over sole proprietorships. In partnership, owners share loses and costs which can substantially beneficial if individual owners couldn’t afford them on their own. The company will benefit from the complementary skills of partners, however, there could also be potential disagreement among partners which, if severe, could result in the dissolution of the company. For partnerships to survive, partners should equal levels of passion for their jointed business, have excellent communication skills and being tolerant of other deficient knowledge in parts of the business aspect of the company. Obviously, all partner won’t have the same level of understanding of how a business is run, however, they should rely on each other to supplement their own knowledge.