General Partnership Guide: FAQ and Answers
Want to go into business with someone else? The simplest and quickest way is to form a general partnership (or GP). Just get your business partner or partners together, start working, and
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Want to go into business with someone else? The simplest and quickest way is to form a general partnership (or GP). Just get your business partner or partners together, start working, and
Small businesses are the backbone of the vibrant US economy: more than half of all registered business entities have fewer than five employees. Starting your own business can be a way to
It’s relatively easy to organize a business as an LLC. LLCs range from small online shops to large, multi-level companies. If you are considering starting a business, check out the following answers
There are three legal forms of business ownership, and a sole proprietorship is just one of them. This type of business is sometimes called a proprietorship, sole tradership, or individual entrepreneurship. There
One of the first things you must do when forming a business is decide on the type of structure you want to use. Many businesses begin as sole proprietorships or partnerships, and
In much the same way that a person needs a Social Security number in order to file income tax returns, businesses, estates and trusts, and organizations must also have an identification number
If you run a small business then at some point you will likely come across two types of documents: business plans and business proposals. While these two documents sound very similar in
When you hear of the designation – “nonprofit” – you are generally thinking about only one of the many different types. There are also entities called “non governmental organizations” (NGOs). What are
In the United States, business entities and individuals who pay others for work performed or professional services rendered have a few options available when it comes to reporting payments made throughout the
A business tax ID number may be referred to as a Tax Identification Number (TIN) or an Employer Identification Number (EIN). These numbers are the same as an individual’s social security number.
If you wish to become an auto insurance broker, you're not alone. Thanks to the industry's excellent reputation and the potential that it provides for attractive compensation, millions of Americans aspire to