... every thing unlike a sole trader who makes all of the decisions themselves * If the business partnership fails one of the partners may have to pay of the debts of the partnership * You could fall out with one of the partners and this could lead to discomfort within the work place Summary This could be good and bad, it would help if you were low on capital and having a partnership could create new ideas in business, Although on the other hand if you and your partner have a dispute it can lead to bad working conditions and cause the business to fail and leave you and your partners bankrupt. It is very important that you choose the right partners for your business to be a success. Public limited company A public limited company must have a least two directors and two share holders, public limited companies must also have a solicitor, ...

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