In this week’s edition of the Small Business Series we are discussing general and limited business partnerships. Title 54, of the Oklahoma Statutes Annotated, governs partnerships. Business partnerships can be either general or limited and exist as long as profits, losses and costs of a business are shared. Limited partnerships (LPs) have two sets of partners, namely one or more…
Small Business Series
Interested in starting a company? Here at Sansone Howell we can guide you through the various nuances and requirements to becoming an officially licensed business. Whether you are looking to form a limited partnership or reincorporate/reorganize a multi million dollar organization, we can help! Over the next few weeks we will be discussing the various types of entities that can…