Yes, the JV does need to have some sort of legal structure (either a new entity or a spin-off of an existing entity) and a name. Filing paperwork...

I co-own a beauty shop in Alabama. My "partner" wants to form an LLC and use the name we have chosen for our business.

Under Alabama law, you are pretty much her partner now! The previously suggested joint venture option is a good one. I also think it would be a...

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