That doesn't found very fun, is there anything else we could do?
Well there's also the option of doing a partnership, it's easy to start, there's no extra taxes and banks will even be more willing to lend us loans! But the downside is that it doesn't last forever and we might not have the same views.
That sounds like a good option, but if I seem to remember correctly, you mentioned one other thing. I'm thinking we should cover all bases before making our decision.
Slide: 2
You're right! we still haven't covered that last option, it's a Sale Proprietorship, there are some benefits, like it's very easy to start, we'd be our own bosses, if we don't like it we can just drop it, and there's no extra taxes again like a partnership.
But is there any downsides?
Slide: 3
Unfortunately, yes, there's unlimited liability, and it's hard to find skilled labor. it also had limited life like a partnership.
From these options, it sounds like a partnership is the best option
Alright, sounds good with me, I'll just be following behind your decisions so we don't have any misshapes, and maybe if we raise enough money we could try starting a cooperation!
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