Partnership deed

According to general term there are many type of business orgnations.

1.Sole Proprietorship

2.Partnership

3.Limited liability partnership

3.One person Company.

4.Private limited company.

5.Limted company .

Partnership deed is a agreement between two or more person business concept under co ownership and responsibility in profit and loss.

Content of Partnership deed

1.Name of Business

2.Nature of Business

3.Commencement of Firm.

4.Capital ( Investment)

5.Rate of Interest.

6.Remuneration to partners.

7.Admission of new Partner

9.Address of Business

10 Share in Profit & loss

11.Withdrawals

12.Retirement

13.Accounting Year.

14.Books of Account

15.Bankers

16.Goodwill