Partnership Firm Vs. Private Limited Company:

[Shigobad2020]

I would like to chose Partnership between these two . because it is easy and simply operated in field of business. Plus 1 big advantage is that Either registered partnership or unregistered both are valid and legal. But it is not in private limited business.

Like you said , private limited firm and business most of the time are not always registered because it belong to just one person but patnership firm usually registered their business because of future occurrences.

 

[Syldan]

Both partnership and private firms are very Important depending on how you organize your business. Sometimes partnership is better because there is share of risk in the business and the burden will not be on single person unlike the private firm.

 

[Setho]

Especially for somebody who is just starting into business, I am going to enjoy that you should go into a partnership business because it is going to allow you to be able to share ideas with somebody and then at the end of the day it is more likely that you guys are going to come out with the better decision.

 

[Shigobad2020]

Especially for somebody who is just starting into business, I am going to enjoy that you should go into a partnership business because it is going to allow you to be able to share ideas with somebody and then at the end of the day it is more likely that you guys are going to come out with the better decision.

For people who just started a business and doesnt know more about business at the moment he feels like starting , then starting with a patner is the best way.

 

[Setho]

I believe that you are going to put a lot of things into consideration like the amount of money that you are willing to inject into the company and also the terms and conditions. On a general I think that going into a partnership business is going to be off and advantage to you.

 

[Sincerem]

The both have their individual advantage, but considering a privately owned business to a partnership would mean that you as the original business owner is capable of running the business alone and wouldn't need any added support from another.

 

[Robust]

Of course I will prefer the partnership flim company than the private limited company because in the partnership there will be bond between two set of people to achieve a goal and that will make what the want or achieve popular than a private company.

 

[Shigobad2020]

Partnership firm and private limited companies both have their advantages and disadvantages but i prefer going into the patnership firm because its has better advantage and direct reward.

 

[Setho]

I have always been a very strong believer of private limited partnerships because of how there is going to be a combination of ideas and sharing of risk so you do not have to invest all the money that is required.

 

[Sotherefore]

Partnership firm could have high possibility of success compared to private firm because the partnership one will not only deal with one person having monopoly , but a group of people having the same interest.

 

[Sincerem]

Partnership firm and private limited companies both have their advantages and disadvantages but i prefer going into the patnership firm because its has better advantage and direct reward.

Apart from that , I also believe that partnership firm are easier to establish because people are coming together to contribute and achieve a particular goal but with a private firm you will be the one to do most things in the private sector.

 

[Shigobad2020]

Though involving in partnership business firm is good because you have higher percentage of success rate , simply because you work together as a team towards acheiving the same goal.