Sections:

CHOOSING  YOUR  FORM  OF BUSINESS AND FINANCING

HOW  GOOD  ACCOUNTING  AND TAX  MANAGEMENT  CAN  HELP YOU  CONTROL,  PROTECT AND ENHANCE  YOUR BUSINESS ENTERPRISE

BUYING  AN ESTABLISHED BUSINESS

ORGANIZING  YOUR MANAGEMENT FOR BUSINESS EXPANSION

HOW  TO PLAN  THE BEST INSURANCE  PROGRAM FOR  YOUR  BUSINESS

HOW TO GIVE CREDIT FOR INCREASED SALES VOLUME

HOW TO PROTECT YOURSELF AGAINST THEFTS

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financing for small businesses
small business loan for woman

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THREE RULES AS BUSINESS PARTNERS

Articles In This Section:

· Form of business and financing

· BUSINESS ADVANTAGES OF OPERATING AS A SOLE PROPRIETOR

· BUSINESS DISADVANTAGES OF OPERATING AS A SOLE PROPRIETOR

· BUSINESS FINANCING

· WHAT TYPES OF BUSINESS LOANS

· LOANS FOR THE BUSINESS

· A LINE OF CREDIT FOR THE BUSINESS

· How a Sole Proprietorship is Taxed

· BUSINESS ADVANTAGES OF THE  PARTNERSHIP  FORM

· BUSINESS DISADVANTAGES OF  THE PARTNERSHIP  FORM

· THREE RULES AS BUSINESS PARTNERS

· BUSINESS TAXATION

· BUSINESS CORPORATION

· BUSINESS DISADVANTAGES OF THE CORPORATE FORM

· BUSINESS CORPORATE FINANCING

· BUSINESS STOCKHOLDER ELECTION TO REPORT CORPORATE INCOME

· MAKING THE BUSINESS ELECTION

· HOW THE BUSINESS ELECTION IS LOST

· BUSINESS ADVANTAGES AND DISADVANTAGES OF STOCKHOLDER REPORTING OFCORPORATE  INCOME

As a partner, you must observe three cardinal rules in your relations with your other partners:

1. Do not engage in any competing business without their consent.

2. Do not use the partnership business or property for your own profit or advantage.

3. Follow THE GOLDEN RULE—Do unto others as you would like them to do unto you.

Remember also that your rights as an individual partner are dictated by law and do not include these rights:

To do anything that would make it impossible to carry on business, e.g., disposing of the chief partnership asset.

To dispose of the partnership's good will.

To make an assignment for the benefit of creditors.

To confess a judgment against the partnership.

Related terms include financing for small businesses and small business loan for woman.

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