Advantages and Disadvantages of Partnerships | Solicitor Explains

Advantages and Disadvantages of Partnerships | Lawyer Explains

Malcolm Zoppi, a qualified business solicitor, explains the advantages and disadvantages of partnerships.

📚 What you'll learn:
(1) That there are three main kinds of partnerships, namely the general partnership, limited partnership (LP) and the limited liability partnership (LLP).
(2) The advantages and disadvantages of each type of partnership business.
(3) The features of a partnership and of each partnership business and whether a Collaboration or a Joint Venture (JV) may be a better choice for you.

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Email: [email protected]
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00:00 Advantages and disadvantages of partnerships
00:30 Advantages and disadvantages of a general partnership
01:26 Advantages and disadvantages of a limited partnership
02:44 Advantages and disadvantages of a LLP
03:41 Advantages and disadvantages of Joint Ventures
04:57 Advantages and disadvantages of Collaborations

This video is provided to you by Gaffney Zoppi. We are committed to offering you the best content that we can produce. Although, to satisfy the fast-paced YouTube demand and short watch-times, and due to the impossibility of fully understanding all of our viewers’ factual situations, the content should not be relied upon to make any decisions, take any actions or omit from acting (not an exhaustive list). This video and any of its content or related documents, including (this is not an exhaustive list) its speech, tags, linked documents, descriptions or titles (the Content) does not provide legal advice and should not be taken as such. The Content does not reflect all aspects of the law, for the purpose of brevity and simplification. The Content has been simplified and generalised by also omitting information, as to avoid lengthy and potentially boring videos. The Content may be out-dated and not suitable or relevant for all circumstances. Seek independent legal advice. Gaffney Zoppi is a trading name of GZ Legal Ltd, a limited company registered in Scotland with company number SC658895 and registered office address of 272 Bath Street, Glasgow G2 4JR, UK.