In which way will working with a partner reduce the risk of a start-up?

Question

Quizplus · Accepted Answer

Working with a partner can reduce the risk of a start-up by allowing for shared responsibilities and resources. Partners may be able to provide capital, equipment, or advice, which can help alleviate some of the financial burden and uncertainty that comes with starting a new business. While banks may prefer partnered start-ups and some federal government subsidies may be available for partnering situations, these factors alone do not necessarily reduce the risk of the start-up. Additionally, while partners may be able to contribute in ways that would eliminate the need to hire other employees, this is not the only way in which they can help reduce risk.

In Which Way Will Working with a Partner Reduce the Risk