1) shares that earn dividends from profits?
2) responsibilities such as signing personal surities with suppliers, landlords, banks?
3) being paid last - with whatever is left over?
4) sleepless nights from wondering if enough money will come in to make payroll this month?
5) endless meetings with customers, suppliers, employees, to make sure that everyone is happy all the time?
6) being discriminated against by banks when applying for a home-loan and describing yourself as self-employed.
7) feeling responsible for the livelihood of all your employees. Who would all go to zero income immediately on the day your business fails?
8) signing the financials being supplied to the tax man, with associate penalties for inaccuracies?
Some combination of the above?
I say this only because I have a business. One where multiple people have stepped into and out of ownership from time to time. Most, frankly, just want the ability to profit-share (which we cater for) only some want the other responsibilities and obligations that come with ownership.