A partnership is a common-law form of business for two or more people. It arises automatically, without the business partners having to file any paperwork with the secretary of state, whenever the ...

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 ...

When two or more people start doing business together, the hope is that they will remain partners in health and success for years to come. Frequently, that happens. However, it also frequently doesn't ...

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 ...