0
What are the advantage and disadvantage a private limited company as against a partnership?
Wiki User
∙ 13y ago
Partnership is between any two or more persons joining together for some activity , and all liability is on the partners. A private limited company is a different entity formed by a group of persons or other companies(Not more than fifty) with a liability limited to their share value
Wiki User
∙ 12y ago
Wiki User
∙ 9y agoOne advantage to having a private company is the fact that you can do what you want without consulting the Board of Directors. Private businesses don't have to release documents to the Securities Exchange Commission.
Wiki User
∙ 13y agoA partnership has more than one owner.
Wiki User
∙ 13y agochicken pie
Add your answer:
Earn +20 pts
Advantage and disadvantage kor host country of mnc?
Advantage: Increased job creation, transfer of technology and skills, boost to local economy through investments and taxes. Disadvantage: Potential exploitation of local labor, environmental degradation, competition for local businesses, and dependence on the multinational corporation.
What are the advantages and disadvantage of raising capital of a compny?
Perhaps the most significant advantage of raising capital in a company is to fuel the company's growth. Perhaps the most significant disadvantage of raising outside capital is dilution of ownership.
Can a partnership be a shareholder in company?
No a partnership cannot be a share holder in a company
What are some examples of a partnership company?
Partnership is an arrangement where parties agree to cooperate. The most common example of a partnership company is Facebook and Skype.
What are the advantages and disadvantages of working in a big company?
One advantage to working in a big company is the fact that your training will be great. A disadvantage to working in a big company is the fact that you will have to work extra hard to make an impression.
What are the advantages and disadvantages of a private limited company?
One disadvantage to owning a private company is the fact that financing the business may be difficult. An advantage to owning a private company is the fact that you are in control of your business decisions.
What is the conversion process from an accounting perspective when converting a partnership to a company structure?
a partnership converts to a company structure
What are the advantages and disadvantages of capital structure decision?
The disadvantage of the capital structure decision is that it is very complex and expensive. The advantage is that it leads to more company profits.
What do partners gain in a corporation?
Partners own a company known as a partnership. A corporation is owned by stockholders. A partnership may decide to become a corporation, giving stock to each of the people who were previously partners. The advantage of this is that partners have a personal liability while stockholders do not.
Which is an advantage of a limited partnership?
Liability Protection:In general partnerships, each participant is personally responsible for the actions of the company. This includes debts, liabilities and the wrongful acts of other partners. One advantage of a limited liability partnership is the liability protection it affords.Flexibility:Liability partnerships offer participants flexibility in business ownership.
What is a disadvantage of partnerships compared to sole proprietorship's?
It is sometimes difficult for partners to agree on every business decision.There are multiple disadvantages to having a partnership. In a partnership, both parties are responsible, but if one of the partners goes into debt, it may affect both partners. You will also be responsible for the actions of your partner even if you aren't involved in those actions.
Is zara the company a partnership?
no its is no its is not married
