Forming Partnerships in the US
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Discuss the significant elements of forming a partnership in the U.S.
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Solution Summary
The solution discusses the significant elements of forming a partnership in the United States.
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The first element is to decide who the partners are and what their investment in the company will be. This also helps establish the equity and how much ownership each partner has in the company.
Establishing the role each person plays is another important element. The duties of who will run the business, who will invest without daily input, how the partnership will be governed and decision making policies are ...
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