Question

Xavier wants to ensure his business structure will allow him to include his twin sister Ramona as a business partner. While he has the creative skills, she has the financial background the business needs. What is an advantage of a partnership?

One advantage of a partnership is the ability to combine different skill sets and expertise. In Xavier's case, partnering with his twin sister Ramona, who has a financial background, can bring complementary skills to the business. Xavier can focus on the creative side of the business while Ramona can handle the financial aspects, resulting in a well-rounded and efficient business operation. Additionally, as partners, both Xavier and Ramona can contribute their ideas and perspectives, leading to more innovative and balanced decision-making.