Alicia Sisk Morris CPA | General Business Tips

General Business Tips

27 Nov Partnership Agreements – What is it and what do I need to consider?

Partnerships and Agreements Each state (with the exception of Louisiana) has its own laws governing partnerships which are contained in what is normally called “The Uniform Partnership Act” or the “Revised Uniform Partnership Act”. These statues spell out the rules that apply to partnerships in...

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26 Nov What is an Operating Agreement and does my business need one?

Operating Agreements  According to the US Small Business Administration, an operating agreement is one   of the most important documents used by a business because if structures the business’ financial and functional decision. The purpose of the document is to govern the internal operations of the...

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25 Nov Types of Business Organizational Forms – Which one is best for me?

Organizational Forms - Creation and Considerations- Which one should I choose??? According to the Missouri Small Business and Technology Development Center (published on the website, they have produced a list of advantages and disadvantages of each form of business organization. Sole Proprietorship A sole proprietor is a...

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12 Nov Types of Commercial Properties

A Commercial Lease Agreement will cover almost all commercial property types, including: • Office space - This space encompasses accounting firms, legal offices, and other types of professional trades. • Retail and Restaurant -This space covers fast-food restaurants, specialty eateries, clothing stores, chain stores, and brick-and-mortar versions of online...

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