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The phrase "advantages for both" is correct and usable in written English.
You can use it when discussing a situation or agreement that benefits two parties involved.
Example: "The new partnership offers advantages for both companies, enhancing their market reach and resources."
Alternatives: "mutual benefits" or "benefits for both parties".
Exact(57)
There are also political advantages for both sides.
Such arrangements have advantages for both the bondsman and the customer.
Despite the debt crisis, keeping Greece in the eurozone has advantages for both that country and the E.U.
The advantages for both sides would be considerable Reagan could not make concessions to the Soviet Union with out losing face.
The digital dream may promise advantages for both the government and those who rely on its services - but it cannot get there without assistance.
This has enormous advantages for both consumers and producers, but the big problem it creates is that we don't know how to do the math.
"The arrangement also had obvious advantages for both men – and their deeply political families," Time magazine journalists Nancy Gibbs and Michael Duffy wrote in The President's Club, a 2012 book about the bonds among former presidents.
Dr David Lowry Stoneleigh, Surrey A massive project to move both parliament and the seat of government out of London would have many advantages for both London and the rest of the country, but moving to an existing big city is unnecessary and would be very disruptive to that city.
Similar(3)
Detecting the angry man in a sea of faces, the authors say, has a survival advantage for both sexes.
Finally, an advantage for both Thanki Scribbles and customers is that this approach easily expands our market from UK only to a global market.
There has to be an advantage for both sides: we invite you to invest and we will provide stability and ensure that you can make adequate returns".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com