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in this video we will be discussing partnerships and how choosing this form of business ownership can impact those involved a partnership is a business involving two or more people and there are many examples of partnerships everywhere we look including accountancy firms solicitors vet practices and dentists along with many many more i want you to imagine that you have started your own business and everything is going well you have chosen exactly the right product or service and people are interested in making a purchase your business has the chance to go on and become extremely successful would you share this successful business with your best friend what would you gain by bringing them in would they be able to help by adding new skills to the situation maybe you are thinking no way im not going to share my amazing business with somebody else what reasons do you have to think this why would you not want them to be involved throughout this video we will consider all of these aspects