Allyson is an entrepreneur, and she wants to share the risk of a startup business with one or more additional people. She is willing to evenly share profits and decisions as well. What type of business fits these criteria?
Allyson can look into forming a partnership business in which two or more people share ownership and decision-making responsibilities. In a general partnership, all partners share the risks and profits equally. This would be a good option for Allyson if she wants to share the risk of a startup business with one or more additional people while still sharing profits and decisions evenly.
