Business Studies, asked by ay8197626, 10 months ago

what is partnership.explain it's advantage......​

Answers

Answered by Anonymous
1

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Partnership;

Partnership is a form of business where two or more people share ownership as well as responsibility of managing the company.

Advantages;

  • more capital is available
  • two heads are better than one
  • greater borrowing capacity.
Answered by pawarshubhangi076
1

Answer:

The partnership is the relationship which subsist between individuals who have decided to pool their money ,skill and resource in business.

Advantages:

•Two heads are better than one.

•more capital is available for the business.

•you'll have greater borrowing capacity.

•your business is easy and established starts up cost are low.....I hope it's help you........ plz mark as brainlist answer............

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