Advantages and disadvantages of partnerships
- Created by: Nabeel333
- Created on: 18-06-15 07:38
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- Advantages of a partnership
- Risks will be shared out eg. Debt
- Ideas and support from each other to reduce the workload and improve productivity
- Financial support from both partners can increase the expansion of the business
- Disadvantage of partnerships
- Profit is Shared
- If one partner dies then the partnership would end
- Bad decisions of one partner will affect the other partner
- Advantages of a partnership
- Risks will be shared out eg. Debt
- Ideas and support from each other to reduce the workload and improve productivity
- Financial support from both partners can increase the expansion of the business
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