Before entering a partnership, you should create written contracts that cover your agreements. A profit-sharing agreement generally expresses the ratio you'll use to distribute profits as well as how ...

The right partnership agreement can propel your business into greater visibility and profitability. A bad or oppressive partnership agreement, however, can only lose you money and interfere with your ...

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 ...

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 ...

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.

A general partnership, while inexpensive to set up, potentially saddles the partners with big personal liability. Many, or all, of the products featured on this page are from our advertising partners ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. A partnership agreement (or operating agreement, in the ...