Advantages and disadvantages of partnership enterprises:
1. Advantages:
(1) is relatively simple and easy to set.
(2) Expanding the sources of funds and credit capacity.
(3) Improve management level and decision-making ability.
2. Disadvantages:
(1) Partners shall bear unlimited joint liability.
(2) poor stability.
(3) It is easy to delay decision-making.
Both the owner system and the partnership system have a common feature, that is, the enterprise does not have the legal person qualification. These two types of enterprises are collectively referred to as natural person enterprises.
Advantages and disadvantages of the company:
1. Advantages:
(1) Limited liability.
(2) Easy to raise funds.
(3) The enterprise management level is high.
(4) Convenient transfer.
(5) The enterprise develops steadily.
2. Disadvantages:
(1) The establishment procedure is complicated and the cost is high.
(2) The government imposes more restrictions on companies.
(3) Poor confidentiality.