Dissolution In A Partnership Business?

Spencer

Member
Credits
$0.26730
In a partnership business, the goal is to pool in funds from different sources and make more money, for example it could be from family members, investors or between governments, but when the partnership is not beneficial to the parties involved, there has to be a separation, this could happen after a dispute between partners, the business not being profitable enough etc.

To separate partners and share the remaining shares to the shareholders goes through a process called Dissolution, it is a legal term used for separation, where all the remaining profits and capital are shared among investors depending on their stake.
 
Top