Tag: partner

Tag: partner

PARTNERSHIPS: Limited Partnerships (LP) vs. Limited Liability Partnerships (LLP)

Limited partnerships are formed to carry on any business that a general partnership can also do. Its principal feature is that the liability of each limited...

BUSINESS: Sole Proprietorships, Partnerships, Limited Partnerships, Limited Liability Partnerships, Corporations & Joint Ventures

The most basic form of business organization, used in a wide variety of circumstances, is called a sole proprietorship. Such organizations are relatively inexpensive to set...