Ask The Business Lawyer

When the American Colonies declared their independence from the British crown on July 4, 1776, they also came together as the "thirteen united States of America."

So when times comes to declare your independence from the tyranny of unsatisfying work, will you join forces with another?

If your thinking of forming a partnership, here's a checklist of partnership sources to consider from Findlaw, as reported in Anthony Cerminaro's Biz Bang Buzz blog.  Keep in mind that your requirements might vary depending on your state and business industry. 

Also note that while a general partnership is somewhat simpler and less expensive to establish than other forms of business, your personal assets are at risk in this form of eneity.  Read the materials and consult with an attonry and accountant to confirm that this form is best for your needs.