2. How would you go about running a partnership for an electrical company? In one paragraph, tell us about that business, what goods or services it sells, who does it sell to, and what makes it a great business to run or in which to work. The goal is to have a flexible job and be able to help others when needed. Answer these questions below about the company, in your opinion to maximize the most success.

• 1) In setting up your business, do you want to minimize the costs of getting started? Do you hope to avoid complex government regulations and reporting requirements? 2) How much control would you like? How much responsibility for running the business are you willing to share? What about sharing the profits? 3) Are the customers for your business global or local? How will you reach them? 4) Do you have all the skills needed to run the business? 5) Are you likely to get along with your co-owners over an extended period of time? 6) Is it important to you that the business survive you? 7) What are your financing needs and how do you plan to finance your company? 8) How much personal exposure to liability are you willing to accept? Do you feel uneasy about accepting personal liability for the actions of fellow owners?