1. Choose a Business Name: Ensure the name complies with state regulations and is distinguishable from other registered business names. 2. File a Certificate of Limited Partnership: This document must be filed with the appropriate state authority, often the Secretary of State. 3. Draft a Partnership Agreement: While not always legally required, a partnership agreement outlines the roles, responsibilities, and profit-sharing arrangements among partners. 4. Obtain Necessary Licenses and Permits: Depending on the nature of the business, you may need various local, state, or federal licenses and permits. 5. Comply with State Regulations: Ensure ongoing compliance with state laws, including filing annual reports and paying any required fees.