Africa's Best Forum
Representing The World

Chatrooms | Quiz | Chatcredit
Today Is Wednesday,18 July 2018, 5:15 PM
You are here: » » »

Advantages Of Partnership (general world)

Daniyan timilehin, ()
336 days ago NG
1) sufficient capital: partnership has more financial resources than a sole proprietorship because more people are involved, hence more capital can be raised through partner's contributions.
2) increase in production: there is increase in production as a result of increase in capital and management.
3) joint decision making: Better results are derived when two or more partners put their heads together and take joint decisions for the enterprise.
4) there is privacy: in this kind of business unit there is privacy because partners are not legally compelled to publish the annual accounts for public consumption.

Site: Back | . Nxt | .Next..1

Post Comment



Users Viewing This Post
5 in-members and 19 guests

Read Comments Below:
More Updates

Daniyan | About | Version 2.5 | Add Peeps | Rules | Contact Us | Make Money

copyright © 2017
2goscript.ga, forum4africa.cf
Share Link