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9 Things to Consider Before Forming a Business Partnership

9 Things to Consider Before Forming a Business Partnership

Getting into a business partnership has its own benefits. It permits all contributors to share the stakes in the business. Depending upon the risk appetites of partners, a company may have a general or limited liability partnership. Limited partners are just there to give funding to the business. They have no say in company operations, neither do they discuss the responsibility of any debt or other company duties. General Partners operate the company and discuss its liabilities as well. Since…

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