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Dangers of running a business alone.
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[QUOTE="Carpon, post: 269583, member: 86701"] I agree with all these points you brought up but I still think sole proprietorship is the best for me. Just as you said, you share the losses of a sole proprietorship business alone and so also the profit. And for a credible and efficient sole proprietor, making profit will be easy and as such, you won't face the threat or fear of making or incurring losses. Speaking on the problem you may face of having to attend to many costumers at a time, I think if this is obtainable, you can simply hire some help and that won't be a partnership because you will only be paying such a person for his work but not running the business jointly. But nevertheless, you have outlined cogent reasons why running a business alone may be disadvantageous and I strongly agree with them but still, there are many ways those disadvantages could be taken advantage of [/QUOTE]
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Dangers of running a business alone.
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