Law Offices of Boucher & Kanan

Starting a Partnership

If you are thinking of starting a partnership, below is a checklist of steps to take before you open for business. Keep in mind that your partnership's startup requirements might vary from the list below, depending on the specific type of business you are in, and where your business is located.

  1. Decide on a business name for your partnership.
  2. Search availability of your partnership's chosen business name, and for similarity to existing names.
  3. Register your partnership name
  4. Create and sign a written partnership agreement.
  5. Register your partnership by filing a "certificate" or "registration" of partnership with the Secretary of State office. This step is required most often for limited liability partnerships (LLPs) and limited partnerships, as opposed to general partnerships.
  6. Obtain business licenses and permits for your partnership from:
    • The federal government.
    • Your state government.
    •  Your local government.
Forming a partnership can be a long-term benefit to your new business in the long run, but the process -- most notably drafting a comprehensive partnership agreement -- can be complicated. To ensure that your new partnership covers all legal bases and has the best chance for success before opening for business, give us a call today for your free  consultation.
Yellowpages.com



Sign In