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Reasons business and company go into partnership!
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[QUOTE="Kingsley, post: 208109, member: 30278"] The sole aim of every business organizations is to make profit and to also render essential services to their customers to meet their needs, but at some point it might become difficult for business organizations to meet up with their business obligation to their customers, this could happen as a result of som unforeseen circumstances which could have depleted the asset of the business organizations hence the need for them to get help by partnering with other companies to remain formidable. And sometimes business comes together to become more stronger and not necessarily because they became bankrupt. When they merger in most cases it makes them to enjoy economics of scale and this will be a major advantage to all parties involved in the partnership agreement. Again they may decide to come together to raise capital to start up a bigger business they could have been quite difficult for them to start individually. [/QUOTE]
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