Home » Classroom » SS2 Accounting Reasons For Admission of New Partners Question

Why might a partnership admit new partners as p... - SS2 Accounting Reasons For Admission of New Partners Question

Why might a partnership admit new partners as part of its succession planning?

A partnership admits new partners as part of its succession planning to ensure that the business will continue to operate and grow even if one of the existing partners exits the partnership.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses