Advantages and Disadvantages of Business Partnerships
Ace your homework & exams now with Quizwiz!
Owners are liable only for the amount of their investment in this type of ownership.
corporation
This type of ownership is taxed twice.
corporation
Its easier to raise capital in this type of ownership.
corporation & partnership
An disadvantage of this partnership is that they could have different goals and its harder to make decisions.
partnership
This type of ownership is only taxed once.
partnership
This ownership may have issues securing capital for the business.
sole proprietorship
These partnerships are responsible for all loses and failures of the company.
unlimited liability
