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Business strategy
Partnership vs sole proprietorship business, which one do you prefer??
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[QUOTE="sincerem, post: 76702, member: 25228"] [FONT=georgia]when it comes to business enterprise, we make decisions either to stand alone as a sole owner of the business, or be on a partnership with someone else. When it comes to deciding which one to go for, I will gently go for sole proprietorship business. I love to be in control of my business take the risk alone as well as to take the dividends all alone too. I don't like to share my business strategy with any one else, or sharing opinions concerning how to achieve success in my business. Cos i know at some point in the business career, dispute may rise when in partnership with a stranger. I don't like being on disagreement over a suggestion to run my business the way it pleases to me. Then working so hard to promote my business to see my partner not working as planned with me, that is another point that i never like in partnership with someone. Their are some advantages in partnership business, one might have an idea to run a business course but got no capital start up, then might go on partnership with someone that is financially sound to run the business effectively. How do you want to manage your business? Be in partnership with someone or single handedly running it on your own??[/FONT] [/QUOTE]
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