9 Things to Think about Prior to Forming a Business Partnership
Getting to a business venture has its benefits. It allows all contributors to split the bets in the business. Based upon the risk appetites of partners, a company may have a general or limited liability partnership. Limited partners are just there to provide financing to the business. They’ve no say in company operations, neither do they discuss the responsibility of any debt or other company duties. General Partners function the company and discuss its liabilities as well. Since limited liability partnerships require a great deal of paperwork, people tend to…
Read More