00:01What is a partnership business?
00:04The association of two or more persons to carry on his co-owners a business for profit.
00:11Two or more partners become a co-owner for profit.
00:18Or the relationship between persons who have agreed to shade the profit of a business
00:26get it out by all or any of them acting for all.
00:29Now this is the definition.
00:32There are 4 partners and 4 have paid money and 4 are doing work.
00:38And one is like that 4 have paid money and one is running.
00:43That is a running partner and the rest of the three sleeping partners.
00:47When we study a type of partnership, we will study more details.
00:50The partnership business is our own, controlled and managed by two or more persons known as partners and co-owners.
01:00What is the partnership relationship between two and more?
01:04The main goal is to get profit.
01:09Okay.
01:11Partners, capital, give us a business join.
01:15And there will be a responsibility.
01:17There will be a little profit.
01:18We will give a little profit.
01:20We will give a little profit.
01:20We will give a little business.
01:21We will give a little responsibility.
01:23We will give a little responsibility.
01:25And then this partnership, which is not a lot of time.
01:28So this partnership agreement is a deed.
01:30Which is a mutual understanding.
01:35And the amount of capital that each partner shares.
01:41Profit and loss is also shares.
01:45Management is also in partnership.
01:49Now what happens?
01:54It's not desirable, but it is not mandatory to make a written agreement for partnership.
01:59If you want to make a written agreement, you don't want to make it.
02:01Or if you have trust in your partner, you don't need to make it.
02:13Oral agreement is enough.
02:16However, it is important to note that in case of oral agreement, profit and loss is shared.
02:23Now this is a big deal.
02:25Here is a problem.
02:27Profit and loss are all over.
02:30And whatever we have to be a lot of money,最 many millions of dollars, do four millions of dollars?
02:35If you buy the double investment, profit will also double.
02:40If you buy the newest prospect, profit will also double.
02:41The deposit is also less than double.
02:42If you buy the merits, partner should be more than advantages.
02:51And what are the advantages to this dizer?
02:52If you buy the argument in detail, first let's see.
02:56easy formation
02:58large
03:00resources
03:02better
03:04decision
03:06flexibility
03:09flexibility
03:10risk sharing
03:13risk sharing
03:13benefit of
03:17specialization
03:20protection of interest
03:22of
03:24one by one
03:26point
03:27easy formation
03:28soul proprietorship
03:32legal
03:32formality
03:34small
03:35small
03:36physics
03:39chemistry
03:40accounting
03:42ITP
03:45entrepreneurship
03:46study
03:46simple
03:49agreement
03:50can be
03:51oral
03:51can be
03:53very easy
03:53legally
03:54formation
03:56large
03:57resources
03:58which
04:01have
04:01seen
04:02many
04:02people
04:03have
04:03said
04:05that
04:07soul
04:08proprietorship
04:09new
04:09laptop
04:09or
04:10not
04:11buy
04:11not
04:14good
04:16mobile
04:17is
04:17good
04:17buy
04:18not
04:19not
04:19buy
04:19buy
04:20buy
04:20not
04:20buy
04:21a
04:21large
04:22resource
04:24today
04:26show
04:27is
04:27a
04:28big
04:29multi
04:30media
04:32so
04:33partnership
04:34is
04:36better
04:36decision
04:37is
04:39partners
04:39are the
04:40owner of the business
04:41each of them has equal
04:42right to participate in
04:44management of the business
04:48in
04:48case of any conflict they can all sit together to solve the problem
04:53since all partners participate in decision making there is less scope for lack
04:59of
05:00and hasty
05:00i mean
05:01very quickly
05:03decision
05:04so
05:04sometimes
05:05covid
05:05came
05:06to me
05:07that
05:07when
05:08you
05:08can
05:12get
05:19decide
05:34to
05:34business or area of its operation.
05:37There is no need to follow
05:38any legal.
05:39So now, many people are coaching center
05:42and are shaped by online.
05:43Although I don't have to do online
05:44station without any means.
05:47I don't have to do it except for the
05:48requirements of the land.
05:50Some people depend on online
05:52and the kids have a lot of results
05:54and the result is so bad.
05:56Then, risk sharing is
05:58risk of loss, car damages
06:00or uncertain situation.
06:02So, this is the agreement that
06:04is happening.
06:05Partnership does not give any
06:07complete burden of the risk
06:08of an individual as in
06:11sole proprietorship.
06:13All the problem is
06:14as in the sole proprietorship.
06:15There is no need to be
06:15as in the sole proprietorship.
06:17There is no need to be
06:17as in the sole proprietorship.
06:18Then, a big thing is
06:23benefits of specialization.
06:27Her person has
06:28own specialization.
06:32which is the one who
06:33does not give any
06:34business.
06:35So, these are
06:35the same things
06:36that they have
06:37in the sole proprietorship.
06:40These are the same things
06:42in the sole proprietorship.
06:42will be
06:43in each partner
06:44business.
06:45the next way.
Comments