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Side A ------ Side B
Where is it benefit from? ------ The business usually will benefit from partners who have complementary skills. 
there any formallities?  ------ There are few formalities (mostly applicable licenses). 
What abotu the tax? ------ The profits from the business flow directly through to the partners' personal tax returns. 
Easy to start out? ------ yes
is there any shared? ------ You have a shared financial commitment. 
What can you pool? ------ You can pool resources, expertise, and strengths. 
Is there any limited startup? ------ There are limited startup costs. 
will you encounter difficultty? ------ You may encounter difficulty in attracting investors.
Will there be debts? ------ Each partner may also be liable for debts incurred, decisions
Will there be any disagreements? ------ At some time, there most certainly will be disagreements in management plans, operational procedures, and future vision for the business. 
Is the partnership hard to maintain? ------ Yes
What about the time and finances? ------ There may be unequal commitment in terms of time and finances. 
Is there will be any personal disputes? ------ There may also be personal disputes. 
Does the partner need good visions?  ------ Partners may have different visions or goals for the business.

Side A ------ Side B
Where is it benefit from? ------ The business usually will benefit from partners who have complementary skills. 
there any formallities?  ------ There are few formalities (mostly applicable licenses). 
What abotu the tax? ------ The profits from the business flow directly through to the partners' personal tax returns. 
Easy to start out? ------ yes
is there any shared? ------ You have a shared financial commitment. 
What can you pool? ------ You can pool resources, expertise, and strengths. 
Is there any limited startup? ------ There are limited startup costs. 
will you encounter difficultty? ------ You may encounter difficulty in attracting investors.
Will there be debts? ------ Each partner may also be liable for debts incurred, decisions
Will there be any disagreements? ------ At some time, there most certainly will be disagreements in management plans, operational procedures, and future vision for the business. 
Is the partnership hard to maintain? ------ Yes
What about the time and finances? ------ There may be unequal commitment in terms of time and finances. 
Is there will be any personal disputes? ------ There may also be personal disputes. 
Does the partner need good visions?  ------ Partners may have different visions or goals for the business.