Weyauwega, Wisconsin. Weyauwega is a city in Waupaca County, Wisconsin, United States. The population was 1,900 at the 2010 census. The city is located mostly within the Town of Weyauwega, though it is politically independent of the town. Small portions extend north into the adjacent Town of Royalton.
Partnership â What is a partnership? A partnership is a business structure whereby two or more people share ownership; these partners share any profits, but also the costs, risks, and responsibilities involved with the running of the business. Keeping on top of your accounting and finances is essential for the growth of a business.
A partnership is a formal arrangement in which two or more parties cooperate to manage and operate a business. Various partnership arrangements are possible: all partners might share liabilities and profits equally, or some partners may have limited liability. Not every partner is necessarily involved in the management and day-to-day operations of the venture, such as in the case of a silent partner. In some jurisdictions, partnerships enjoy favorable tax treatment relative to corporations.