Limited partnerships have two types of partners -- general partners and limited partners. While a general partner is in charge of her company's day-to-day operations, a limited partner is generally ...

Selling ownership in a partnership can be relatively straightforward from an accounting standpoint if the partners have a buyout agreement and the person buying the ownership share can afford to pay ...

A general partnership, while inexpensive to set up, potentially saddles the partners with big personal liability. Many, or all, of the products featured on this page are from our advertising partners ...

A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her work has ...

Taxpayers often use entities characterized as partnerships for federal income tax purposes to conduct their business activities. In addition to offering limited liability (e.g., limited liability ...

When two or more people start a business or carry on a trade together to turn a profit, the result can often be a strong union that blends complementary skills, financial resources, customers and ...

Opinions expressed by Entrepreneur contributors are their own. For many entrepreneurs, a partnership makes more sense than going solo. Yet with partners comes a slew of issues to consider, including ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Yarilet Perez is an experienced multimedia journalist and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Opinions expressed by Entrepreneur contributors are their own. From powerhouse financiers like Kohlberg Kravis Roberts to retailers like Baskin-Robbins to IT pioneers like Hewlett-Packard, business ...