The owners of any partnership are referred to as partners. A partner may either be a general partner or a limited partner. General partners are involved in the day-to-day operations of a business.

As with any major business decision, it is important to weigh the disadvantages of a partnership agreement. While there are many advantages, you need to be prepared for the downside.

A partnership in business is a formal agreement made by two or more parties to jointly manage and operate a company. Learn when this business structure makes sense.

If you recently started a business and you’re now sending and receiving payments, it’s time to open a business bank account. A business bank account can help you track expenses, manage ...

Bartine: Our Software as a Partnership® (SaaP) model was built on our relationship with our larger customers, but SaaP has become part of every aspect of our business.

Tim will operate the business and serve as the general contractor but will not contribute any money. The two agree that the fair market value of services that Tim brings to the partnership is ...

A partnership can help relieve some of the pressures and expenses of being in business by yourself. You also get to share knowledge and divide work based on each partner’s skill set, and the ...

Limited partnerships bring together people or entities that each contribute something important to the business. Here's a detailed look into how they work, their benefits and drawbacks, and some ...

The memorandum of understanding (MoU) cements over a year of close collaboration between the two institutions and represents ...

Whether you've always wanted to own your own company or just want to stay active or have more retirement money, starting a business in retirement is possible. Here's what to consider.