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What are the pros and cons of starting up a partnership?

Cons-- unlimited liability ! Make sure you get legal advice before you go into a partnership.

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Actually besides the laws of your particular state or country, you should always enter into partnership with someone you totally trust with your life, your reputation and your money.
You must be very careful. Even if it was my best friend or my sister or my mom, I would do a full background check on them before I signed anything.
And above all, listen to your gut!
Good luck!

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never enter into a partnership
you could end up bankrupt for something they have done or not done in their life ---and you are not in control of their life are you ..
millions have people have been ruined because of anothers liability --hitting them

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