In any partnership, there are business issues that can affect daily operations. Solving these issues may be more difficult with multiple owners having different ideas and solutions. To set clear ...

Often, two minds are greater than one. That is true in both personal life and in business. Any business that hasn't formally filed as a corporate entity (such as a corporation or limited liability ...

Imagine you own 50% of your business. You started it 10 years ago but never formalized anything, and one of the partners has a health scare. This health scare potentially threatens your ...

Graham Hutton highlights the importance of an up-to-date partnership agreement when transitioning from NHS to private or ...

Does your law firm have a signed partnership agreement among the partners ? Many law firms do not. Despite the fact that attorneys routinely advise their clients to "get it in writing," many lawyers ...

While the governance structure of an accounting firm has little immediate client-facing impact, a firm must be well-governed to retain its people and provide consistent, high-quality client service.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. A partnership agreement (or operating agreement, in the ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Federal tax law treats partnerships as conduits for tax ...