Entrepreneurs often seek limited partners for several reasons:
1. Capital Infusion: Limited partners provide the necessary funds to start or expand a business. This capital is essential for growth and development.
2. Risk Mitigation: By having limited partners, entrepreneurs can spread the financial risk. This makes it easier to undertake larger projects or enter new markets.
3. Expertise and Networking: While limited partners do not manage the business, they often bring valuable expertise and connections that can benefit the business in other ways.