By K.P. Reddy | Published September 26, 2013 | Posted in Business Law | Tagged Tags: business law, entity formation, partnership agreement, shareholders | Leave a comment
Why It Is Important to Draft a Partnership Agreement Correctly
There are many steps to consider when forming a partnership in Georgia, including choosing an available business name and registering it, opening a business bank account, and determining what tax and regulatory obligations the partnership will have. One of the most important steps in this process is creating a partnership agreement. Accordingly, it is crucial Read More
Read MoreWell Planned Partnership Agreements Can Prevent Disputes Later On
In 2010, Anthony and Jennifer Tiberia opened a restaurant business in partnership with another couple. The responsibilities of each partner seemed simple enough: one couple managed the business by handling the day to day operations while the Tiberias funded the venture by putting up half the money. Less than a year later, relations between the partners Read More
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