Ideal when two or more people join hands to run a business together with shared responsibilities.
A Partnership Firm is the perfect choice when two or more individuals want to combine their resources, skills, and expertise to run a business together. This structure promotes collaboration while maintaining operational flexibility and shared decision-making.
Partnership Firm is a business structure where two or more persons agree to share the profits and losses of a business. It combines the resources, skills, and expertise of multiple partners while distributing responsibilities and risks. The firm is governed by the Indian Partnership Act, 1932.
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