Civil Engineering Business and Professional Partnership

What is mean by professional partnership?

Professional partnership is a term in which two or more professional individual or a group come together to maximize the business profit while minimizing the efforts.

Advantages of professional partnership:

  • Less investment burden,
  • Access to knowledge, skills, information, contacts,
  • Increase in quantity of works or services.

Disadvantages of professional partnership:

  • Profit sharing,
  • Professional conflicts,
  • Limited personal professional growth.