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Business partnerships are a very common way for two people to start a new company in Texas and share the risks that come along with doing so. Unfortunately, about 70% of all partnerships that are started end up failing. By understanding the reasoning behind these...

Many people in Texas set up small businesses with their close friends or family. Although your partner is your family member or closest friend, you still need to negotiate an official partnership agreement with them. A partnership agreement is a legal document written...