Civil Engineering Business and Professional Partnership
What is mean by professional partnership?
Professional partnership is a term in which two or more professional individual or a group come together to maximize the business profit while minimizing the efforts.
Click Here to Download: AGREEMENT BETWEEN INVESTOR AND BUSINESS PARTNERS
Advantages of professional partnership:
- Less investment burden,
- Access to knowledge, skills, information, contacts,
- Increase in quantity of works or services.
Disadvantages of professional partnership:
- Profit sharing,
- Professional conflicts,
- Limited personal professional growth.
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