Hierarchy Partnership Business Structure. Partner co owner of a legal partnership and also known as the associate. Your form of business determines which income tax return form you have to file.
The following are the various positions that fall within the middle management category of business titles in a company. Limited partnerships are a variation in which a business partnership is comprised of at least one general partner and. Partnerships are governed by the partnership act 1958.
When beginning a business you must decide what form of business entity to establish.
General partnerships are formed when two or more people agree to enter into business together to make a profit. The most common forms of business are the sole proprietorship partnership corporation and s corporation. You should choose a business structure that gives you the right balance of legal protections and benefits. Partnerships are governed by the partnership act 1958.
