A lot of business owners, be it small or large scale businesses, are hesitant to enter into business partnerships, as they believe it to be the kiss of death! But this is a myth and if done right, business partnerships can be highly profitable for the company involved. A partnership in business is a certain type of legal agreement that is made between 2 or more persons for the purpose of handling a business. Each person in this kind of a legal relationship will be a co-owner of the specified…