A Partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations in other words, it is a form of business operation between two or more individuals who share management and profits. A partnership can also be defined as a collaborative relationship between organizations. Therefore, a partnership can serve as a learning mechanism that teaches you to be better at what you do and enables you to achieve your organizational goals. In its most ideal form, a relationship means that you two have entered a partnership. It means that you both work things out between the two of you as a team, even when you don't agree with one another. It means that you never have to worry about a serious betrayal because you're both working toward the same goal.