WiebeHintonHambalek(@WHHCPAs) 's Twitter Profile Photo

Do you know how flexible are? For starters, there are no requirements for an official partnership agreement, minimal legal paperwork and GPs provide a super flexible structure. Learn more about GPs here: ow.ly/tVzx30l7tAn

Do you know how flexible #GeneralPartnerships are? For starters, there are no requirements for an official partnership agreement, minimal legal paperwork and GPs provide a super flexible #business structure. Learn more about GPs here: ow.ly/tVzx30l7tAn
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daolexa(@daolexa_) 's Twitter Profile Photo

1/6 Why can't DAOs be seen as general partnerships?

❌ DAOs lack legal recognition as structures.
❌ General partnerships share profits, losses, and liabilities equally.
❌ DAOs and partnerships operate similarly, but there are crucial differences.

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MoneyMatters101.com(@MoneyMatters101) 's Twitter Profile Photo

What should be included in the general partnership agreement?
www.moneymatters101.com/startingabusiness/generalpartnerships.asp

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MoneyMatters101.com(@MoneyMatters101) 's Twitter Profile Photo

Shared liabilities can be a major sticking point in a general. partnershipwww.moneymatters101.com/startingabusiness/generalpartnerships.asp

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MoneyMatters101.com(@MoneyMatters101) 's Twitter Profile Photo

Business partnerships should be treated with the utmost respect.
www.moneymatters101.com/startingabusiness/generalpartnerships.asp

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Muhammads Capital Partners LLP(@MuhammadsCapit1) 's Twitter Profile Photo

Our internal structuring is such that it allows our partners to invest alongside MCP, creating more equitable opportunities and higher returns. We are in the process of breaking down structural barriers that prohibit equity and change in our communities.

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PauciuloLaw(@PauciuloLaw) 's Twitter Profile Photo

This is the 2nd in our series on the different business entities explained. What is a general partnership? It’s a larger conversation on legal issues for entrepreneurs. pauciulolaw.com/blog/business-…

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