Читать книгу Start & Run a Home Cleaning Business - Susan Bewsey - Страница 17

A partnership is a business jointly owned by two or more persons. In a general partnership, all partners are personally liable for all obligations of the company. A limited partnership, however, is liable only up to the amount of equity invested.

For the home cleaning business, the advantage of having a partnership is that the energies of two people enhance the business, since partners can share strengths and counter weaknesses. There is also generally a better credit risk in the case of financing.

The disadvantage of a partnership is that personality clashes may occur, causing disruptions. It may also be difficult to sell or transfer ownership in the business.