Both Partnership and Sole proprietorship has advantages and disadvantages, but I think Partnership is an advantage for a business over the sole proprietorship since there are two or more number is people who are the owners. The risk is distributed among the partners. Partnership give wider range of expertise for different parts of the business. The partners bring more cash into the business. Having business partner share the financial burden of expenses. Partners should have the same goals for the business. There should be mutual contribution in terms of money, there should be mutual interest to achieve the goal of the business. The partners should share the profit and loss amongst the partners.