Many budding restaurateurs enter into partnerships with others who can provide the necessary financial resources and business expertise to make the effort a success. Partnerships can be sealed with a ...

PIP (partners' interests in the partnership) allocations are very commonly used in partnership agreements. 1 For this reason, Investors and managers should understand the basics of PIP allocations and ...

A media partnership is an effective marketing solution for companies with low or limited advertising budgets. To have the greatest impact, choose the media outlet you feel would most benefit your ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Yarilet Perez is an experienced multimedia journalist and ...

Businesses set up as partnerships, legal entities where two or more people own and run a business, enable companies to benefit from multiple owners’ diverse knowledge, skills, and resources. A ...

Venom. Ill will. Backstabbing. Vindictiveness. Mistrust. Betrayal. These are some of the most negative aspects of human interaction. And they are present in nearly every manufacturing organization ...

Relationships are the lifeblood of every successful accounting firm. The relationships among the partners in a firm and with their clients are among a firm’s most valuable assets. So, when partners ...

Over the years, we have written in this column that law firm partners and law firms should have written partnership agreements, and that such agreements should address the firm's major life events.

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 ...