As the business grows, it can become complicated and outgrow the partnership structure. The LLC, which stands for Limited Liability Company, is one of the most common small business structures. A sole ...

Flexibility for the business: Land can be licensed or leased to a limited company or partnership. The trading entity doesn't ...

A US-based private fund commonly uses either a Delaware limited partnership or a Delaware LLC as its legal entity. However, it's typical to see a nested structure in which the fund is a limited ...

Personal liability is a major concern if you use a general partnership to structure your business. Like sole proprietors, general partners are personally liable for the partnership's obligations ...

A Step-by-Step Guide with Practical Insights and Challenges” A partnership firm is a business structure created by two or ...

She received her master's in business journalism from Arizona ... Thus, while an MLP has a partnership structure, it issues shares that trade on an exchange like common stock.

Alok Patnia founded Taxmantra.com, an expert in tax advisory & compliance. He is a Chartered Accountant having prior exposure with Ernst & Young & KPMG. Starting your own business? One of the ...

A joint venture (JV) is a business entity created by two or more parties to accomplish a project. A JV is essentially a partnership (though it can be formed from any legal structure), wherein each ...

The self-assured, individualistic nature of the entrepreneur belies the need for a robust network of partnerships. But you can only get so far on your own.

When first cousins Peter Guidi, 60, and JJ Mokarzel, 62, decided to launch a bourbon company, Joe Louis Spirits, in Old Orchard Beach, Maine, they each drew from experiences with prior ...

Replacing their partnership structures with a corporate one would be a giant leap forward. It would turbocharge the legal function’s integration with business and elevate its impact on customers.