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Advantages of Partnership — Commerce Keypoint

Advantages of Partnership

by
  1. Enjoys division of labour
  2. Creates employment opportunities
  3. Risks and liabilities is shared.
  4. Promotes increased production
  5. Promotes continuity and expansion
  6. Wise decisions are taken.
  7. There is more capital outlay compared to that of sole trader.
  8. The death of a member may not lead to the end of the business
  9. There is high degree of privacy.
Others are Viewing:
  1. PARTNERSHIP
  2. TYPES OF PARTNERSHIP
  3. Disadvantages of Partnership
  4. Advantages of Sole Trade 
  5. Advantages of Public Corporation
  6. Advantages of Public Corporation
  7. Advantages of Co-operatives

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