What is a partnership and how do I create one?
A partnership is a business owned by two or more people. There are three different types of business partnerships: • General partnership • Limited partnership • Limited liability partnership General partnerships require filing a DBA/Business Name statement with the state or county. Limited – and limited liability – partnerships require filing articles with the Secretary of State or the appropriate state agency. To learn more and speak with a representative, please call us at (888) 381-8758. We are happy to answer any questions you may have.
A partnership is a business owned by two or more people that hasnt filed papers to become a corporation or a limited liability company (LLC). You dont have to complete any paperwork to create your partnership — the arrangement begins as soon as you start a business with another person. Although the law doesnt require it, many partners work out the details of how they will manage their business in a written partnership agreement. If you dont create a written agreement, the partnership laws of your state will govern your partnership.
A partnership is a business owned by two or more people that hasn’t filed papers to become a corporation or a limited liability company (LLC). You don’t have to complete any paperwork to create your partnership — the arrangement begins as soon as you start a business with another person. Although the law doesn’t require it, many partners work out the details of how they will manage their business in a written partnership agreement. If you don’t create a written agreement, the partnership laws of your state will govern your partnership. To learn more, see the Partnership area of Nolo’s website.