Partnership Meaning & Deed in 8 slides.pptx

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A partnership is a business structure where two or more individuals join forces to manage and operate a business together.

BoundAgreement &Shared Journey
Partnership Meaning & Deed

Apartnership is abusiness structurewhere twoormore
individuals joinforcesto manageand operate abusinesstogether.
WHAT IS A PARTNERSHIP ?

Key Features of Partnership
Mutual Agency
Shared Risk &
Reward
Open Communication &
Trust
Combined Strengths Increased
Accountability
Joint ownership

What Goes into a
Partnership Deed?
Profit-sharing ratio
Duration
Name and address of the
firm
Names of partners

Advantages of Partnership
1 Easeofformation
2 Moreresources
3 Sharedresponsibilities

Challenges in Partnership
1 Sharedprofits
2 Decision-makingconsensus
3 Unlimitedliabilities

Thanks you
Anyquestions

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Partnership Meaning & Deed in 8 slides.pptx

1. BoundAgreement &Shared Journey Partnership Meaning & Deed

2. Apartnership is abusiness structurewhere twoormore individuals joinforcesto manageand operate abusinesstogether. WHAT IS A PARTNERSHIP ?

3. Key Features of Partnership Mutual Agency Shared Risk & Reward Open Communication & Trust Combined Strengths Increased Accountability Joint ownership

4.

5. What Goes into a Partnership Deed? Profit-sharing ratio Duration Name and address of the firm Names of partners

6. Advantages of Partnership 1 Easeofformation 2 Moreresources 3 Sharedresponsibilities

7. Challenges in Partnership 1 Sharedprofits 2 Decision-makingconsensus 3 Unlimitedliabilities

8. Thanks you Anyquestions