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Partnership Firm: Drawback and Benefit

Partnership Firm: Drawback and Benefit
Puja Bhardwaj | The CEO Magazine
The partnership is basically the relation between persons who have agreed to share the profits of the business carried on by all or any of them acting for all.  The owner of this firm are individually called partners, and collectively they are called as firm.  There are both pros and cons in starting a partnership firm. Here is the list to evaluate whether it is beneficial or full of losses: Capital Availability  Unlike One Person…
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