Surviving & Prospering in a Business Partnership: How to Set Up Your Own Partnership

Description

This comprehensive guide, written by a practicing attorney, explains in plain English the insurance and outs of partnership formation and operation. You’ll learn how to survive and prosper in everything you do, from setting up a partnersip and writing the partnership agreement to handling personal relations and the possibility of dissolution. The book explains each section of the partnership agreement and its significance for operating your business, provides alternatives to key provisions, simplifies the basic principles which apply to partnership income taxes, explains and discusses a sample limited partnership agreement, an lists practical suggestions in the area of partner relations, such as handling irresponsible partners, dealing with difficult spouses and preparing for th possibility of death or disability of a partner.