Do you prefer a sole proprietorship business?

uptrendfinancialsignal · Feb 23, 2024

A sole proprietorship businesses a type of business that is owned and operated by a single person. It is important to know that in a sole proprietorship business, you do not have a legal distinction between the business and its owner and what this portend is that the owner has full control and he is also responsible for every aspect of the business.

nomad · Feb 24, 2024

Yes, I prefer soleownership business, however of needed I am also not afraid to go into a partnership business. When I am into a partnership business I alway make sure that I have written contracts.

eldavis · Feb 24, 2024

For now I am going to go with being a sole business owner. Maybe with time I might consider going into a partnership business with someone else. But right now am not prepared for that.

Tracee1 · Feb 24, 2024

For me I am going with sole proprietorship first of all don't even have anyone I can fully trust to go into a partnership with, secondly am not mentally mature enough to do that along the line I will definitely cause of course I want expansion in my business

Springtime · Mar 22, 2024

If I start a business, I prefer sole proprietorship. While partnership may have the advantage of sharing experience and knowledge, I have seen many companies getting into trouble because of disagreements among partners.

Etini Willie · Oct 10, 2024

I currently am running a partnership kind of business with my senior in college. Three years, and we have been successful and grown.

Shavkat · Oct 10, 2024

I prefer this option than having partners in business. I want to be the boss and nothing should be at my side.

Do you prefer a sole proprietorship business?

uptrendfinancialsignal

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nomad

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eldavis

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Tracee1

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Springtime

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Etini Willie

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Shavkat

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