answersLogoWhite

0

Partnerships generally have more money to invest in starting or expanding a business.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is an advantage of partnerships over sole proprietorships?

partnerships generally have more money to invest in starting or expanding a business


Which of the following is an advantage corporations enjoy over sole proprietorships?

Corporations have an easier time raising money to start or expand a business.


Which of the following is an advantage of partnership over sole proprietor-ships?

One advantage of partnerships over sole proprietorships is the sharing of resources and expertise among multiple partners, which can lead to better decision-making and increased innovation. Partnerships also allow for a greater pool of capital, as multiple individuals can contribute funds to the business. Additionally, the workload and responsibilities can be divided among partners, reducing individual stress and increasing operational efficiency.


Corporations have advantages over sole proprietorships and partnerships because they?

Can raise large amounts of capital


What financial advantage does a corporation have over sole proprietorships and partnerships?

A corporation is perceived as having substantial revenues where a small business wouldn't be. A corporation can likely get financed quicker than a person who has a small business.


What advantage does a corporation have over a sole proprietorship or a partnership?

A corporation has the advantage of limited liability, which means that the owners' personal assets are protected from the company's debts and legal obligations. This is not the case for sole proprietorships or partnerships, where the owners are personally liable for the business's liabilities.


What has been an advantage of partnership over the sole proprietorships?

No options are given to answer this question.


Which of the following is an advantage of a partnership over a sole proprietorship?

The question is incomplete. There are no options given (for "which of the following") to answer this question.


Advantage corporations enjoy over partnerships?

Corporations are protected from liability. Partnerships aren't. If a partnerships is sued, the partners are responsible. It is better to incorporate if you are dealing with the public.


Which is an advantage of corporations over strong partnerships?

Corporations can last longer. Corporations have limited liability.


The economic principle which gives advantage to partnerships over sole proprietorships is?

the work is split up so it's not as hard as sole proprietorship, and that since there's multiple people running it, you can specialize the task allowing more efficiency. another thing is there's less liability. of the company goes bankrupt, all the owners split the money they owe.


What is the advantage of a partnership over a corporation?

One advantage of a partnership over a corporation is that partnerships have simpler and more flexible management structures, allowing partners to make decisions more quickly and easily.