Partnerships are similar to sole traders in that they are easy to set up and no complicated forms have to be completed.

Partnerships have unlimited liability, but this can be shared amongst the partners, so there is a smaller burden for each partner.

As there are more owners the workload can be shared between owners. This will reduce the stress for the owners and they may not need to work long hours.

Partners bring finance (capital) into the business. With more investment the business may need less borrowing and may have a better chance of succeeding.

Different partners will have different skills so there will be more expertise in the business. For example one partner may be good at sales and one good at accounting.