Tag Archive | "Contracts"

Are Business Partnerships More Like A Marriage?


Couple Holding Hands on Swing Set
Photo via Corbis

Following on from last week’s post this week I will be talking about business partnerships. So what defines a partnership? A Partnership is when two or more people combine to form a business unit. The restriction to the number of people used to be 20 partners but now this has been lifted and no definite limitations exist. Each partner has a right to receive a percentage of the dividends depending on the amount they invested initially.

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Posted in BUSINESS, Start-UpComments (0)


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