Article: Advantages and Disadvantages of Being in a Partnership

The topic: Discuss the benefits and drawbacks of being in a partnership. What is needed to make them work? What weaknesses can cause a failure within the partnership? Remember to have key terms defined, issues outlined and clearly defined points of view for each side.
A partnership is a legal business structure, which is owned and operated by two to twenty people with the aim of making a profit. Partnerships have a variety of advantages and disadvantages as a business structure. …