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Team assignment sherri part fin591 week 4

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Limited Liability Partnership
FIN591
University of Phoenix
February 7, 2021

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Limited Liability Partnership
The limited liability partnership is seeking to expand on large commercial industrial
complex costing several million dollars. The partnership is entitled to the following benefits;
if the business gets in trouble financially the partners are shieldedfrom risk, tax flexibility
regarding business profitability and personal income, it’s easier to split the partnership if you
decide to sell your property, and the owners have more choices about the way they run the
business and make decisions. However, the partnership is entitled to some limitations.
Extent of the market. If the complex industry is too large, that is the demand of the
goods is high, then, there is a need to increase the level of production. Since our company
targets a large commercial industry, our production scale has to be increased. Also, the
company is limited to the nature of the industry. For us to attract more clients, the beauty and
the art should be prominent. Also, the nature of demand is yet another limitation. In this
aspect, due to the rise in need for the real estates(Das, 2021).
The level of scientific development is yet another limitation. The scale of production
is assessed by analysing he scientific development of the complex industry. Generally, the
scale of production is raised with the scientific development. The labour and capital in a
large-scale production is possible only if the labour and capital are available in plenty and at
moderate rates. The company will invest in capital constraint for its project more than the
labour constraint. Finally, the limitations of the division of labour. The limitation is important
in sorting the large productions (Das, 2021).

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Limited Liability Partnership FIN591 University of Phoenix February 7, 2021 2 Limited Liability Partnership The limited liability partnership is seeking to expand on large commercial industrial complex costing several million dollars. The partnership is entitled to the following benefits; if the business gets in trouble financially the partners are shieldedfrom risk, tax flexibility regarding business profitability and personal income, it’s easier to split the partnership if you decide to sell your property, and the owners have more choices about the way they run the business and make decisions. However, the partnership is entitled to some limitations. Extent of the market. If the complex industry is too large, that is the demand of the goods is high, then, there is a need to increase the level of production. Since our company targets a large commercial industry, our production scal ...
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