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Business partnership or rule your own business?

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    Business partnership or rule your own business?

    A lot of you maybe confused into what do type of business is better. I'll try to help you in knowing it, in my own opinion ruling your own business will much likely polish your skills even more in holding pressure and staffs. It will make you grow bigger and also you are the only boss in this kind of business. Yes, I know that you can make a decisions instantly unlike business partnership that needs the approval of your partner and with that kind of view we must ve very be careful in deciding. Consult the veterans in that field you want tp enter before making a decisions. In the other hand, business partnership isn't that bad either but the possibility is high that at some point of your business days of your partner you will have a confilct that may shut down your business. So what is your opinion? Correct me if I am wrong.

    #2
    I personally prefer ruling my own business. Because I don't want any arguments or conflict in the end. It's best to decide on my own. Taking sole responsibilities will be of great advantage since you get to learn from it. You know when to balance and resolve problem. It will test your ability and capacity in handling your own business.

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      #3
      They both have their advantages and disadvantages. Having and making decisions in your own business is good because what you say is the final, you don't have to seek a third party opinion. However, if there's a loss in the business you bear it all alone and this may lead to the end of the business. But if you're in partnership with someone, you both can share the loss as well as the profit.

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