Membership, as used in business, is a legal term referring a partnership agreement in existence under a different form of a business classification – Limited Liability Company. Membership traditionally exists in the professional arena such as medical practitioners, engineers, accountants, lawyers and architects.

Partnership Agreements – An Introduction

Partnership Agreements

There is a tremendous amount of information to convey to fully understand partnership agreements. This is the first in a series of articles related to partnership agreements. Throughout this series I will explain the various sections and issues a small business owner faces in creating a sound and fair agreement with a single or multiple partners.

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