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Top 5 Mistakes to Avoid When Starting a Business | Subto Breakout

Wholesale Hotline

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I Don't Want to Be a General Partnership

In Arizona, the default rule is that you're sharing profits equally. With a general partnership, all it takes is two or more people carrying on a business with an intent to make a profit. And not only that, each person is jointly and severely liable for the liabilities of the business.

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