Question

If you were running a business, would you rather have a sole proprietorship or a partnership? Why?

​

Answer 1

It Depends

Explanation: If you Have enough money Say if you have a 400,000$ Building you want to buy, you have to add other things on to If you are the only proprietor you make all the money but you have to buy all the inventory but if you have a partner the you can go in 50/50 or other and you both work together

Answer 2

Personally I’d find it easier to have a partnership. That way not everything is on you. You’d have help, and it would be easier to manage.