Archive by tag 'partnership forms'
Posted by netlawmanuk on May 21, 2009

About to form a partnership? Here a quick ‘how to’ guide. Partners in a business share in both the responsibilities of running the business and the profits or losses that it makes. However, precise rights and responsibilities depend on: the type of partner what the partnership agreement says There are three broad types of partner: • General partners General partners invest in the business, take part in running it and share in its profits. Each [...]

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