What is a partnership?

Definition partnership

How do we define: partnership?


Partnership is the association of two or more persons who co-own a business for profit. A general partnership can come into existence without the need to file any formal papers with any state official.


Every new business owner must learn about incorporating their company. Learning how to incorporate your company is critical to starting up and protecting your future.

Incorporating

Corporate Glossary


 

 

Learn more about how we define partnership