ECON 1
What is it?
Examples in real life
Advantages & Disadvantages
Video Clips & Graphs
Related Articles
Advantages and Disadvantages of partnership
Advantages
- Sharing capital
-Sharing risks
-Splitting opportunity cost
-Less tax
Disadvantages
- Sharing profits from revenue
-Disagreement between partners for management
-Liability of other partners
-Departure of a partner can be costly