The responsibility for the business is shared
Corporations have an easier time raising money to start or expand a business.
The risks of owning the business are divided among a group of people Study Island. :)
The question is incomplete. There are no options given (for "which of the following") to answer this question.
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.
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 over a corporation is that partnerships have simpler and more flexible management structures, allowing partners to make decisions more quickly and easily.
One advantage of a partnership is the pooling of resources and skills, which can lead to increased capital and diverse expertise. This collaborative approach often enhances decision-making and innovation, as partners can share their strengths and knowledge. Additionally, partnerships can facilitate risk-sharing, reducing the burden on individual partners. Overall, this collective effort can lead to greater business efficiency and success.
manicurist in a salon
The responsibility is shared.Burden of dept can be shared.
No options are given to answer this question.
limited partnership a+
All partners have to agree with echother when makeing business decisions.