Privacy
You do give up some of your privacy and may enter into confidentiality disputes when you hand over management of your company to a third party. Agreements made with vendors necessarily become open to the managers for a number of uses, ranging from ordering to price negotiations and inventory control. Employee records, including pay, insurance and personal information, become part of the management team's responsibility. Your own financial information also becomes accessible to the outsiders, leaving you potentially vulnerable to fraud, ethical breaches and public exposure.