Me and my friend are currently in the process of trying to start a tshirt company. We would like to split the profit 50/50. I went to the IRS.GOV website to register for an EIN but we have to decide on choosing between an LLC and a partnership and don't know which one to choose. What steps do we have to take to make a legal agreement in regards to how we will be paid, the way business will be conducted, etc. We also have logos which we currently have ownership over. What do we have to do to protect our designs regarding trademarks and copyrights? We also need a place to store our merchandise, and were considering storing them in an empty room I currently have in my home. We assume we'd have to get it inspected and approved by my HOA among other things. Please advise, thank you.
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