Advantages and disadvantages of Partnership in Business
Advantages and disadvantages of Partnership in Business Ratneya Consultancy Services (RCS) is a business consultancy firm by Ratenya Group founded by Mr. Deepak Doddamani. As a Proprietor and Principal Consultant of Ratneya Consultancy Services (RCS) Mr. Deepak Doddamani has guided many Enterpreneurs in early stages of their StartUps. In this blog he shares his learning from his experiences for the benefits of Entrepreneurs. Many Entrepreneurs don't feel comfortable in starting businesses alone. They need someone who can share the risk and also give them confidence to start a business. That's where Partnership firms and Limited Liability Partnerships comes in the play. Amateur who start businesses without doing proper paper-work end up in bitter experiences. Hence it is important to form a Partnership Deed before starting the Operations of the business. What are the advantages and disadvantges in forming a Partnership in business? Advantages of Partnership:...
