A partnership is a group of people (2-20) working together.
Pros And Cons of a business partnership
cons: disagreements, arguments
Pros: you wont be working by yourself.
a sole trader is a business owned by one person.
pros and cons of business Sole Trader.
Cons: Long hours and its your responsibility and your bound to be lonely.
Pros: Make your own decisions also you can keep your own profit.
Private Limited company
A private limited company is owned by family or friends.
Pros and cons of a Private Limited Company