Sole proprietorship or partnership which is better in business

[Bisolami]

Which of these two would you want to if you are starting a business. The two have their unique benefits but which is better?

I prefer sole proprietorship. You know how Nigeria is. I don't want stories that touches

 

[cherry123]

I prefer sole proprietorship. You know how Nigeria is. I don't want stories that touches

Yeah to avoid being duped by your partner right?

 

[Mikky]

I prefer sole proprietorship. You know how Nigeria is. I don't want stories that touches

It's just too sad that trust is a rare one here .

 

[cherry123]

It's just too sad that trust is a rare one here .

Yeah that's the issue. Trust with humans is non existent now.

 

[Bisolami]

It's just too sad that trust is a rare one here .

Yes ooh
Trust is the main issue. People are wicked and I'm sad about that

 

[Mikky]

Yes ooh
Trust is the main issue. People are wicked and I'm sad about that

Everyone is sad about that the only person you can trust now Is yourself

 

[cherry123]

Everyone is sad about that the only person you can trust now Is yourself

Obviously, the world has come to this trust thrown out of the window.

 

[Bisolami]

Everyone is sad about that the only person you can trust now Is yourself

Exactly. No matter how bad everything is, there are still some good people out there

 

[Mikky]

Exactly. No matter how bad everything is, there are still some good people out there

And those good people were never trusted rather the sly ones where been trusted, a mistake many made while choosing a partner in business. You can't blame them though those sly fellas look too good to be bad .

 

[Bisolami]

And those good people were never trusted rather the sly ones where been trusted, a mistake many made while choosing a partner in business. You can't blame them though those sly fellas look too good to be bad .

Exactly. The good ones are not trusted because the goodness is not written on the face. It's sad!

 

[Starmix]

Solo proprietorship is good if your capital is sufficient enough without a partner. It has less hassle if do the business alone.

 

[Mikky]

Exactly. The good ones are not trusted because the goodness is not written on the face. It's sad!

Too sad but that's life.

 

[Bisolami]

Too sad but that's life.

Is there a way to stop this trust issues? Or it will continue to be like that?

 

[Mikky]

Is there a way to stop this trust issues? Or it will continue to be like that?

It continues that way, that's life. You only know yourself not others .

 

[Citrus]

Partnership with someone more experienced than you will be a lot of help but if you're the guy who has experience you might wanna do it alone

 

[eldavis]

Well it depends on the individual and the kind of business you are into. Both has their own advantages and as well disadvantages.

 

[flower]

I prefer to choose the sole proprietorship business because it often works.

 

[gammarays]

I think it'll depend on the individual involved. Some will not cope with partnership so it's better to be single. Others will need partners to raise more capital.

 

[Passiveearner]

Which of these two would you want to if you are starting a business. The two have their unique benefits but which is better?

I think that both of them could be great, but it all depends on what kind of person you are. If you prefer privacy, then you must opt for sole proprietorship.

 

[cherry123]

I think that both of them could be great, but it all depends on what kind of person you are. If you prefer privacy, then you must opt for sole proprietorship.

Yeah partnership is better for those that can accommodate people perfectly but if you are one thaf likes privacy it is good to run solely.