1)Formation costs are low
2)Partners are able to raise more capital than an individual
3)No subject to government control
4) partners able to pool resources & share expenses
competitive advantage
reduce the competition
some situations it is the only way to enter in the market or some countries
will reduce the risk of you
make startup easy
share of finance, knowledge, experience, labors, information, will lead to sucess
One disadvantage to having a partnership is the fact that you have to share your profits. An advantage to having a partnership is the fact that if the business fails you can share the losses.
No options are given to answer this question.
sole proprietorship, corporation, and partnership
sole proprietorship, corporation, and partnership
if your name is abu you can go suckgooose and please leave ismail alone
One disadvantage to having a partnership is the fact that you have to share your profits. An advantage to having a partnership is the fact that if the business fails you can share the losses.
One advantage of a partnership is being able to share the cost. One disadvantage is having to make sure the other person is okay with your ideas.
The responsibility is shared.Burden of dept can be shared.
No options are given to answer this question.
Corporations have limited liability.
The responsibility for the business is shared
All partners have to agree with echother when makeing business decisions.
Hui means group, kōko'olua is a partnership of two, kōko'okolu is of three.
There are a number of advantage of partnership business. The process of making decisions is shared, there is also shared liability in the business among other things.
easy formationlarge resourcesdiverse skills and expertiseflexibility of operationssharing of riskbenefits of unlimited liabilitypromptness in decision makingclose supervisionreduced management costsecrecyprotection of minority interestrelationship between effort and reward
advantage is nothing... :)
There is no particular advantage.