One of the advantages of a partnership over a proprietorship is the increased sources of capital and credit it offers.

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In a partnership, multiple partners can contribute capital to the business and personal credit of each partner can also be used to obtain additional credit, which increases the sources of capital and credit available to the business. This is not possible in a proprietorship where the owner's personal finances are typically the only source of capital and credit.

One of the Advantages of a Partnership Over a Proprietorship