You make a corporate charter, issue shares and have vesting schedules!
Joking aside, you'll notice a lot of parallels between a business partnership structure and marriages in general. Including the liability parts!
"Personal liability is a major concern if you use a general partnership to structure your business. Like sole proprietors, general partners are personally liable for the partnership's obligations and debts. Each general partner can act on behalf of the partnership, take out loans and make decisions that will affect and be binding on all the partners"
Joking aside, you'll notice a lot of parallels between a business partnership structure and marriages in general. Including the liability parts!
"Personal liability is a major concern if you use a general partnership to structure your business. Like sole proprietors, general partners are personally liable for the partnership's obligations and debts. Each general partner can act on behalf of the partnership, take out loans and make decisions that will affect and be binding on all the partners"