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Sole proprietorship business, is a highly profitable one when you select your niche well, invest reasonable amount of money on it, promote it best you could.So proprietorship business is the best for me, because with this, you have an opportunity to control and manage your business the way you want them, it require a large amount of money to start but it is the best form of business.
Some reasons makes one trying to venture into partnership. Like, having low capital, short of ideas etc. When one falls short of the two factors it simply seek for a partner to combine with and raise a business.Well I will prefer the partnership business ahead the sole proprietorship just because the partnership business could be somewhat more profitable than the latter.
When you're working on a team of great business enthusiasts that understands how business work with one mind with out misunderstandings that's when its pivotal to engage in partnership.Partnership business is actually the best because when you're working on a team everything will be easier if there is a proper arrangement on the business, there is little possibilities of problems if there is perfect arrangement for everyone that the shares responsibility in the business organisation.
I really don't know the reasons why you are preferring sole proprietorship business over partnership business but I really think that so proprietorship has some advantages over partnership business but in the real sense of the word partnership business is much more greater than store proprietorship business because you can pull resources together with another partner. So it should naturally be the most preferred option hereI prefer sole proprietorship business more than paternership business in the area of decision making, as a sole proprietor you can make speedy decision without any interruption but in the case of partnership you need the full consent of your partner before you can make any valuable decision.
The partnership business may not allow you to enjoy the full profit of the business as you will only be sharing it with other people, i need a business in which I am the one in control of every profit and anything that happens in the business.When you're working on a team of great business enthusiasts that understands how business work with one mind with out misunderstandings that's when its pivotal to engage in partnership.
Me too. I would definitely prefer a sole proprietorship. Especially if I have all the resources I need to start the business and the skills needed. That way, it will be so easy to make decisions and enjoy the profits alone.If i have the money and resources to run my business myself and equally experience enough to own the business, i will rather prefer a sole proprietorship business to a partnership
If I have enough capital to start up a business I prefer sole proprietorship business than partnership because most time to have problems when there is no trust between partners.So proprietorship business is the best for me, because with this, you have an opportunity to control and manage your business the way you want them, it require a large amount of money to start but it is the best form of business.
Not even such financial deprivation. But the inability of seeing my decision with my partner being on tug of war, work rate etc. All this brings issues in the partnership business when your partnership sometimes, that's why I'm avoiding partnership at the moment.The partnership business may not allow you to enjoy the full profit of the business as you will only be sharing it with other people, i need a business in which I am the one in control of every profit and anything that happens in the business.
In a partnership business there is always the overall personnel who give the final say, even if you are partnering in a business does not mean that you are also the boss, you can bring out a suggestion and all the suggestion can be placed on a table of someone you people have choosing to be the overall head, I will decide and give the final say.Not even such financial deprivation. But the inability of seeing my decision with my partner being on tug of war, work rate etc. All this brings issues in the partnership business when your partnership sometimes, that's why I'm avoiding partnership at the moment.
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