Citations: Anderson, James, James Narus. 1988. Partnership Advantage and Its Determinants in Manufacturer and Distributor Working Partnerships. Journal of Business Research. (4)327-347.

Thus, while an MLP has a partnership structure ... MLPs have a strong incentive to do so because it provides a cost advantage over their incorporated peers. In an MLP, instead of paying a ...

If you have two or more partners who want to be actively involved, a general partnership would be much easier to form. One of the major advantages of a partnership is the tax treatment it enjoys.

A sole trader has the advantage of receiving all profit. Like sole traders, partnerships have unlimited liability. All partners have the worry of being liable for any business debt the partnership ...