- Essays Database Online
- Argumentative Essay
- Comparative Essay
- 1200 Word Essay
- IB Extended Essay
- Scholarship Essay
- Discursive Essay
- Research Proposal
- Reaction Paper Writers
- Coursework Writing
- Book Report Writing
- Book Review Writing
- Term Paper Writing
- Write a Case Study
- Case Brief Writing
- Discussion Board Post
- Blog Article Writing
- Article Writing
- Article Review
- Literature Review
- Annotated Bibliography
- Article Critique
- Movie Critique
- Cover Letter Writing
- Motivation Letter Service
- Winning Synopsis
- Marketing Plan
- Business Plan Writing
- Winning White Paper
- Grant Proposal Writing
- Memo Essay Help
- Questions-Answers
- Professional Online Test
- Order Cool Posters Here
- PowerPoint Presentation
- Capstone Project Writing
- Dissertation Writing
- Dissertation Abstract
- Dissertation Literature
- Dissertation Conclusion
- Hypothesis
- Rewriting Services
- Editing Service
- Proofreading Service
- Revise a Paper
- Abstract Help
Legal forms of business
Essay specific features
Written by:
Jose D
Date added:
January 9, 2017
Level:
University
Grade:
C
No of pages / words:
3 / 685
Was viewed:
2256 times
Rating of current essay:
Essay content:
All partners have a certain amount of control within the business, but some have more than others do.
Advantages of a Partnership
? There are no legal formalities to complete when setting up
? Each partner can specialise in the tasks they do best
? More finance can be raised than if the firm was a sole trader
? Partners can share the workload
? Since the type of business is larger than a sole trader it is in a s stronger position to raise more money from outside the business
Disadvantages of a Partnership
? The individual partners have unlimited liability
? Profits have to be shared amongst more owners
? There may be conflicts of interest amongst partners
? The size is limited to a maximum of 20 partners
? The partnership ends when a partner dies
? Any decisions made by one partner is legally binding on all partners
Examples
Partnerships are often found in accountants, doctors, estate agents, solicitors, and veterinary surgeons...
displayed 300 characters
Custom written essay
All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page
Order custom paperFull essays database
You get access to all the essays and can view as many of them as you like for as little as $28.95/month
Buy database accessOrder custom writing paper now!
- Your research paper is written
by certified writers - Your requirements and targets are
always met - You are able to control the progress
of your writing assignment - You get a chance to become an
excellent student!
Get a price guote
All partners have a certain amount of control within the business, but some have more than others do.
Advantages of a Partnership
? There are no legal formalities to complete when setting up
? Each partner can specialise in the tasks they do best
? More finance can be raised than if the firm was a sole trader
? Partners can share the workload
? Since the type of business is larger than a sole trader it is in a s stronger position to raise more money from outside the business
Disadvantages of a Partnership
? The individual partners have unlimited liability
? Profits have to be shared amongst more owners
? There may be conflicts of interest amongst partners
? The size is limited to a maximum of 20 partners
? The partnership ends when a partner dies
? Any decisions made by one partner is legally binding on all partners
Examples
Partnerships are often found in accountants, doctors, estate agents, solicitors, and veterinary surgeons...
displayed 300 characters
General issues of this essay:
Related essays:
-
2 pages, 440 words
-
3 pages, 570 words
-
1 pages, 265 words
-
3 pages, 685 words
-
1 pages, 99 words
-
1 pages, 198 words
-
2 pages, 423 words