Before entering into any partnership arrangement, entrepreneurs must consider ________.
A)the partnership will only have an impact on sharing profits
B)what interest rate the partner is expecting
C)the impact of giving up some personal control and sharing profits with others
D)the ramifications of having another person on the payroll

Question

Quizplus · Accepted Answer

When entering into a partnership, it is important to consider the impact of giving up personal control and sharing profits with others. This can have significant ramifications on the direction of the business and the expectations of all parties involved.

Before Entering into Any Partnership Arrangement, Entrepreneurs Must Consider ________