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What else can I help you with?
What is an example of an unincorporated business?
A Sole Trader or an Partnership
Give an example of a partnership business?
Two people being registered on the business license.
What are two example of a problem a business can have if there is not enough working capital?
nbb
Business of Partnership is expanding Do you agree with the statement?
Business of Partnership is expanding. I really agree with this statement because of the following explanation. Partnership business is expanding more and more in now days because of many clauses of the other type of businesses. There are many reasons for the expansion of the partnership business. Few of them are discussed follows. Because in other type of businesses, there are no such type of characteristics which are in the partnership. For example, in sole proprietorship business the owner of the business feels more stress on him and due to which he cannot work properly and for some instance he work properly, then he could not continue to work in the same rhythm. And in partnership business all the burden divided equally by the members or according to the agreement deed which they signed. The attitude of the people is devolving more towards the partnership because they feel much more relaxation as compare to sole proprietor.
How do businesses use capital?
A business uses capital for research and development. Capital is also required for business expansion and for reducing operating costs. Capital is also needed to buy other businesses, which allows it to diversify. Verizon for example has capital to buy AOL and increase its exposure to more Internet business.
What is owner investment?
Money put into a business of firm by the owner, A good example is Business capital. Hope it helped. :)
What is agreement of partnership?
A partnership is constituted by an agreement between the partners. The agreement may be in writing or oral. But from the practical point of view and particularly in view of the provisions of other Acts such as the Income Tax Act as well as Partnership Act an oral partnership is not practicable, and therefore, a partnership agreement is necessarily required to be in writing. Therefore, the mere fact that two persons as joint owners either as heirs or legatees are carrying on a business it does not necessarily mean that they are partners and if they want to carry on the business in partnership, then a Partnership agreement in writing becomes necessary. For example, if a person dies leaving a running business and his heirs continue to carry on such business, it will not be a business carried on in partnership and if they want to do so they will have to enter into a regular agreement of partnership. Being an agreement and an agreement enforceable at law, such an agreement must fulfill the basic requirements of a valid contract, as required by the Contract Act. Therefore, a minor or a mentally handicapped person cannot enter into a partnership agreement though by virtue of the provisions of the Partnership Act a minor can be admitted only to the benefits of the partnership. But that only means that a minor can have a share in the profits of the business, but he cannot become a partner, and cannot execute any agreement of partnership.
The list of partnership businesses in the Philippines?
example partnership in the Philippines lawfirm
What is a example of a partnership?
Marriage.
Where do you get capital for your new business?
You can get a business loan to finance your new business. OE = Owner Equity = Capital. The Business is a part of your capital. This also includes any property you may own. Example vehicles, land,buildings and money in the bank. Do you mean a Financier??? If so then yes from the bank and depending on how much capital you already have, you can use them as collatoral.
What example are partnership?
A partnership is defined as an arrangement where parties agree to cooperate to advance their mutual interests. An example of partnership is doctors who share an office. Law firms and accounting firms are often partnerships.
Disadvantages of being a partnership?
Being a partnership has to be personally liable for all the debts of the business. Its unlimited liability.As a partnership, you only responsible for several authorities. You can't control all about the business as others own the business together.It is hard to find suitable partner that exactly like what you hope or expect. You have to tolerate things that you do not like. For example, if the partner has different idea, you and him/her have discuss what is the best for both.If there is a conflict between partners, it would be problems which could probably affect the business. Partners should work professionally to not to bring problem within partners to the business.
