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Business Mind Mapping - Coggle Diagram

- - - - your capacity to raise capital is limited
  - - - you have maximum privacy
- - - - your business is easy to establish and start-up costs are low
        
        you'll have greater borrowing capacity
  - - - each partner is 'jointly and severally' liable for the partnership's debts
      - the liability of the partners for the debts of the business is unlimited
- - - - easier access to capital
  - - - Double-taxation
      - More complicated to form