Partnership enterprise is a business model where two or more people join hands to establish a business. The partners may or may not have equal share in the business. There are different kinds of partners in partnership business. One is active partner, another is passive partner, and the third one is sleeping partner. Conflict of interest is the major issue of partnership business.
My first business was a partnership business, sadly, it collapsed.
My first business was a partnership business, sadly, it collapsed.