A Partnership Company is a business structure where two or more individuals come together to operate a business. Each partner contributes resources, such as capital, skills, or labor, and shares in the profits and losses of the company. This type of organization allows for shared decision-making and responsibilities, making it easier to manage the business. In a partnership, the partners typically have a formal agreement that outlines their roles, contributions, and how profits will be distributed. There are different types of partnerships, including general partnerships and limited partnerships, which define the level of liability and involvement of each partner in the business.