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Business strategy
Partnership vs sole proprietorship business, which one do you prefer??
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[QUOTE="Seyesystem, post: 76751, member: 27060"] To me I will prefer sole proprietorship to partnership,Sole proprietorship is far better than partnership if you have you the capital because you are the boss of your business and you can take decision without waiting for any partners and in terms of profit you have the profit all to yourself. But partnership you can't take decision alone and when it comes to profit you have to shares it among the partners. Partnership may lead to conflict and dissolution of the business. Sole proprietorship business is the best when you have the capital to go into it you make the decision by yourself, you bring a new version by yourself, you direct the Business by yourself, you do the strategic planning by yourself, you diversify your profit into another profitable business and when the need for an expansion arise you make your decision by yourself. I like so proprietorship business than partnership business. [/QUOTE]
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Partnership vs sole proprietorship business, which one do you prefer??
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