9 Things to Think about Before Forming a Business Partnership
Getting into a business venture has its benefits. It allows all contributors to share the bets in the business enterprise. Limited partners are just there to provide funding to the business enterprise. They have no say in company operations, neither do they share the duty of any debt or other company obligations. General Partners function the company and share its liabilities too. Since limited liability partnerships call for a great deal of paperwork, people tend to form general partnerships in…