suwan wrote:huh, thanx 4 the comments...I guess poor structures and partnerships caused the damage. I am not giving it up yet...just looking for a job to be able to start over again...but I have atlist I 've realized my mistakes my lessons!
best lesson learnt....going it alone is better!
@suwan sole trader is not necessarily better than partnership. The later has more heads, more potential to raise funds.
You probably fell short in the following areas: agreeing on liabilities, ownership, profits, and when one partner leaves.
Lesson; partner with people you know very well.