Types of Business Entities

There are four legal types of business entities in the US. From sole proprietor to the corporate existence, learn the pro’s and con’s of each type.

The Basic Principles of a Partnership

A partnership is a form of a business entity that provides many more advantages than any other form of business entity. There are several basic principles of a partnership that once understood, the reader can use to his advantage in the small business world. Below are descriptions and an explanations of the basic principles of a partnership and the corresponding legal impact.

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