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all right in this short video were going to talk specifically about partnerships partnerships represent one of the several common forms of business ownership and they share many characteristics that a sole proprietorship does but theres a couple of key differences where sole proprietorship involves one person at the helm one person in charge of making decisions they essentially are the owner of the business a partnership means that the business is owned by at least two people and these owners in a partnership share responsibility they share responsibility for completing tasks they share financial resources they share profits at the very end and so partnerships are are great in a way because you take advantage of a multitude of different skill sets right one of the big issues with a sole proprietorship was that you were limited to the skills that only you possessed and you were limited to the financial resources that were only at your disposal with one of the partnerships or with a pa
