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Generally, silent versus general partners (GPs) will most commonly come into play when dealing with partnership and/or LLC structures. Both partnerships and LLCs can differ in terms of how profits ...
Many small business owners invest their own money into their businesses, or seek out active partners to invest and help run the business. However, some business owners seek silent partners.
A silent partner is an individual whose involvement in a partnership is limited to providing capital to the business. A silent partner is seldom involved in the partnership’s daily operations ...
BrownFact checked by Yarilet Perez Because of the nature of their interest in a business, silent partners have limited liability that extends only up to the amount of capital they invest in the ...
Silent partners typically are investors in a business who have no say in how the business is run. If you have trouble attracting investing partners to your restaurant, suggest that potential ...