If you and your partners are lawyers and doctors, two professions at high risk for malpractice lawsuits, a limited liability partnership, or LLP, may suit your needs. That’s because a basic ...

A limited partnership (LP) is a business structure where at least two partners own the company, but only one of them manages the business. The general partner has full liability for the business ...

Each business vehicle has its advantages and disadvantages, but the preferred business vehicle among entrepreneurs in Jamaica has been the limited liability company. This comes as no surprise.

Limited Partnerships offer limited liability and passive income, taxed only at the partner level. GPs manage LP operations but have unlimited personal liability. Creating an LP is straightforward ...

However, each type of partnership is very different in terms of management structure and the division of resources and liability. Limited partnerships have two kinds of partners: general and ...

Factors like personal liability, regulations, tax treatment, etc are governed by the form of your business entity which could be a Sole Proprietorship, Corporation, Partnership, or a Limited ...

On Friday, the University of Kentucky's board of trustees approved a proposal to transform the athletic department into a limited liability company called Champions Blue, LLC. The move represents a ...

RELPs work a lot like a traditional business partnership. You get a group of like-minded investors who contribute money and form a limited liability partnership that exists for the purpose of ...

A limited liability company (LLC) is a legal business structure that offers certain protections between your personal and business assets. More specifically, LLCs can help to protect your personal ...

A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her work has ...