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Topic: Business
Number of pages / Number of words: 4 / 916
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The partners have a shared financial commitment to the company. There is limited started cost. It is more possible to raise more funds. There is more borrowing power which is enhanced by more owners. There is more available brain power. The owners have just few formalities, must applicable licenses.

There are some of disadvantages to partnerships...


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There is more available brain power. The owners have just few formalities, must applicable licenses.

There are some of disadvantages to partnerships. The owners can have different visions or goals about the business. There is a chance that the partners can have personal disputes. The owners have unequal commitment in terms of time and finances...


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