A proprietorship business can be converted to Partnership firm once the proprietor needed to add one or more partner to get support in terms of man power or financial support or intellectual support or all these together. The conversion from Proprietorship to a much organized Partnership firm, the business is likely to pass through procedural requirements. With the conversion to Partnership, all the assets, liabilities and rights of the proprietor over the business will passed on to the partnership firm; subject to the consent of partners.