Pete and Repete have been operating as general contractors. They both bring their own tools and split profits from their jobs evenly. Business has been good. They have come to you seeking advice. They would like to know what, if any actions they should take concerning their business. They are particularly concerned about personal liability and would like the flexibility to add business partners, either as operational or investment partners. Pete is very thorough, so he wants you to inform him of the pros and cons of all options. Please advise