Ensure your business is set up for collaborative success from the start
Partner Formation
What is a Partnership Entity?
A partner formation is when multiple parties enter into a formal arrangement to manage, operate, and share profits for their business. By officially forming a partnership, the business owners establish that they both (or all) take responsibility for profitis and liabilities of the business. Partnerhips are a common choice for businesses with multiple owners as it can provide them and their company with many benefits.
Why Choose Partner Formation?
Before forming a partnership, speak with an expert to ensure it is the right choice for you and your business.
Shared Responsibility
A partnership allows you to evenly distribute workload, allowing for more efficiency and a better work/life balance.
Increased Financial Resources
With a partnership, you can have greater financial stability and flexibility for your business because you can leverage your collective resources for mutual benefit.
Diverse Skill Sets
Multiple partners means diverse skill sets and perspectives, benefitting your business with a wide range of talents and expertise.
How to Get Started
At Easier Accounting, we’ll walk you through every step in the process for setting up a partnership. Our team will handle everything from registration complexities to compliancy. By working with our team of entity experts, we’ll help you know if a partnership is the best choice for your business and goals.
Trusted by Hundreds of Businesses Nationwide
Frequently asked questions
How do I know what entity structure to be using?
The truth is, there’s not a “one-size fits all” approach to setting up your entity structure. Tell us about your business and goals and we can help you determine what’s best for YOU.
Is it necessary for my tax accountant to be local to my area or state?
No. Because we are an online-only, national accounting firm, we are easily accessible and understand each state’s unique tax rules.
Neither You or Your Partner an Entity or Tax Expert?
No problem, our entity experts and accountants can help you set up your partnership formation correctly. Schedule a call today!
