A sole proprietorship or general partnership can be set up very inexpensively.

Otherwise, a general partnership's legal name is the last names of the owners.

Navios expects to use the net proceeds to fund its fleet expansion and for general partnership purposes.

PetroLogistics expects to use its net proceeds from the offering for working capital and general partnership purposes, and for future capital expenditures.

The deal will see chairman Steve Parish, Josh Harris and David Blitzer take control of the club in a general partnership structure.

This makes it unlikely that his suggestion of a " general partnership approach" will be anything like a partnership between equals.

Similarly, a general partnership is easy to set up, although a partnership agreement is something that the partners should create prior to beginning operations.

If a general partnership has given a name to itself in a written partnership agreement, then that name is the general partnership's legal name.

ETE has a controlling interest in Sunoco referred to as the general partnership or GP, as well as a 36.4 percent stake in the firm.

Sole proprietorships and general partnerships offer the individuals involved a great deal of privacy.

General Partnerships A general partnership involves two or more owners carrying out a business purpose.

This step is required most often for limited liability partnerships (LLPs) and limited partnerships, as opposed to general partnerships.

These locales are the most popular domestic and offshore destinations to set up general partnerships for global hedge funds and PE funds, respectively.

Furthermore, he noted that as the size of a partnership's cash distribution increases, the general partnerships cut of that cash gets proportionally larger.