RESOURCES
Links to business information resources.
BUSINESS
Startup Checklist.I'm ready to start a business! I have a product/service
and I'm sure that it will fly, so what do I do now?
FORMS
Here you will find the forms available for download from the City of
Tuscaloosa, the City of Northport and Tuscaloosa County. Download
Forms
STRUCTURES
Ways to set up a business.One of the key decisions to make after deciding
to start you own business is what type of legal structure you should
use to define the type of company you own.
Business
Resource Center Opening a new business used to involve standing in
long lines, asking the same questions to dozens of people and trying
to decipher numerous forms and permits.
more
A limited partnership is a partnership with one or more general partners which are personally liable for partnership debts, and one or more limited partners which contribute capital and share in the profits of the business.
The limited partners are not liable for the debts of the business, but cannot actively participate in the management of the business. For most purposes, limited partnerships are not as flexible or useful as Limited Liability Companies(LLCs) or Limited Liability Partnerships(LLPs).