Silent partners contribute to the business by capital infusion—investing money in the business entity—while a general partner is an active manager in business operations.

The federal government recognizes several types of partnerships. The two most common are general and limited partnerships. If your business will be owned and operated by several individuals ...

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...

Each partner has unlimited liability, including personal assets, for obligations entered into by the partnership, even if these are entered into by another partner.

The parents create the family limited partnership. Initially, the parents will hold the general partnership interests, say 2%. As general partners, the parents maintain virtually full control of ...

Sai writes about healthcare, innovation and technology. Two esteemed names in their respective industries, Best Buy Health and Mass General Brigham (MGB), announced today that they will be ...

To honor decades of partnership and following a gift to the TGH Foundation, Tampa General's renowned burn center is now TGH Burn Center: A TECO Partnership. "Tampa General Hospital is at the ...