Jane Miller is the proprietor of a small manufacturing business. She is considering the possibility of joining

Question:

Jane Miller is the proprietor of a small manufacturing business. She is considering the possibility of joining in partnership with Tom Bracken, whom she considers to be thoroughly competent and congenial. Prepare a brief statement outlining the advantages and disadvantages of the potential partnership to Miller.

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...