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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
Wiki User
∙ 15y ago
Wiki User
∙ 14y agocompetitive 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
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The advantages and disadvantages of a partnership?
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.
What has been an advantage of partnership over the sole proprietorships?
No options are given to answer this question.
What are the three types of business?
sole proprietorship, corporation, and partnership
What are three types of business?
sole proprietorship, corporation, and partnership
Dis advantages of having a partnership?
if your name is abu you can go suckgooose and please leave ismail alone
The advantages and disadvantages of a partnership?
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.
Advantage and disadvantage of partnership?
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.
What advantage does a partnership have over a sole proprietorship?
The responsibility is shared.Burden of dept can be shared.
What has been an advantage of partnership over the sole proprietorships?
No options are given to answer this question.
What were the advantage of corporations over partnership Why were they good for investors and partner?
Corporations have limited liability.
Which of he following is an advantage of a partnership?
The responsibility for the business is shared
Is not an advantage of a limited partnership?
All partners have to agree with echother when makeing business decisions.
What is the hawaiian word for partnership?
Hui means group, kōko'olua is a partnership of two, kōko'okolu is of three.
What are the advantages of a partnership business?
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.
Advantages of partnership?
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
What is the advantage of having a nanny goat?
advantage is nothing... :)
What is the advantage for having argon in the atmosphere?
There is no particular advantage.
