Business Entity: Partnerships
Posted by netizen on October 27, 2009 · Leave a Comment
Yesterday, we tackled about sole proprietorship as one of the three main types of business entities. As Kiyosaki said, sole proprietorship is not the kind of business entity that he can recommend because as a business owner, you would be “solely” responsible and liable to your business and there’s a risk of putting your personal assets in danger if the business fails.
Today, we would tackle the next business entity and that is partnership. Like a sole proprietorship, a partnership...
Source: Millionaire Acts
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