A big worry for many business owners is that if things go bad, a disgruntled customer might sue them. If one member of a general partnership screws up, every member is potentially liable for paying ...

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Choosing the right business structure is critical for the operation of a business. General and limited partnerships are common business structures for those wanting to enter business together. While ...

A limited partnership is a distinctly different business form than a general partnership. Limited partners have no voice in how the business is managed. The management of a limited partnership ...

Learn about limited partnerships, how they compare with other partnerships and how to form a limited partnership. Many, or all, of the products featured on this page are from our advertising partners ...

Opinions expressed by Entrepreneur contributors are their own. A partnership is a business form created automatically when twoor more persons engage in a business enterprise for profit.Consider the ...

Brokers who plan to go into business with one or more other individuals may not realize there are several variations of partnerships to consider. In this article, I’ll describe the different types of ...

A general partnership, while inexpensive to set up, potentially saddles the partners with big personal liability. Many, or all, of the products featured on this page are from our advertising partners ...

In Sirius Solutions, the court rejected a participation-based test for self-employment tax, finding that limited liability, and not day-to-day activity, controls who qualifies for the self-employment ...

With the growing prevalence of limited liability companies, notable general partnership decisions become fewer and further between with each passing year. A common fact pattern in which increasingly ...

A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her work has ...