LLC vs Partnership in Texas

LLC vs Partnership in Texas

When starting a business in Texas, there are many factors to consider, including the type of entity to choose. Two popular options are the limited liability company (LLC) and the partnership. Both offer unique advantages and disadvantages, and it is important to...
What Kind Of Partnerships Are There In Texas?

What Kind Of Partnerships Are There In Texas?

In Texas there are three general kinds of partnerships: General Partnerships, Limited Partnerships, and Limited Liability Partnerships. In a General Partnership, you and at least one other person agree to form a partnership; there is no filing necessary with the Texas...