What are the types of partnership business

[Stardom22]

Partnership business is the business type that is formed by two or more people who had agreed to start and run the business together.
However there are various types of partnership business. These include:
Permanent
Temporary/joint venture
Limited partnership
Trading partnership

 

[Reedex]

The demerits of partnership business is very enormous and that is why I prefer a sole proprietorship business.

 

[uptrendfinancialsignal]

The demerits of partnership business is very enormous and that is why I prefer a sole proprietorship business.

I support your notion because I am also not in terms with partnership business.

 

[eldavis]

Partnership business does have a lot of advantage, there is no doubt about that, but it also has it's disadvantage. For now i prefer sole proprietorship, i do not think i am ready to deal with others as partners at the moment.

 

[Yohanna]

A partnership business is really worth it because it will increase your service and it will increase your expansion.

 

[IB D]

There is the financial partnership. This is where the other partner just provides funding for the business. He doesn't contribute ideas in the management of the business.

 

[Niyi Briggs]

I know of working partner and it is a kind of partner that also contributes in the day to day running of the business despite contributing capital into the business.

 

[Yohanna]

A partnership business is a business that is established by more than one person and it is binded by a partnership deed.