Speedy is used to being a sole trader. Explain two points on how he would have to adapt and change now that the business is a partnership

A sole trader is a person who solely owns a business . In sole trading, the business and the person is considered as one hence the individual have to bear the profits and losses of the company. While  partnership is a business  comprised of two or more individuals

A partnership has various advantages.  It's inexpensive to set up and there are few government regulations. While in a partnership the partners pay personal income taxes on their share of profits, they don't have to pay special taxes for being in a partnership.

Speedy will have to adapt and change as he is entering into a partnership.

answer: no

explanation:

well i need the text ?   *   *   /