NEW business ventures are always exciting but you don’t always consider what happens if things don’t turn out as planned.
If you have gone into business with someone else without a partnership agreement you will have to rely on the Partnership Act of 1890.
Under the Act profits are shared equally, regardless of what each partner contributes. Any one partner can dissolve the partnership which can be devastating.
Partnership agreements set out clearly how your business operates. A little time and money spent now will save lots of heartache in the future. Contact Danielle Isaac on 01453 847200 or firstname.lastname@example.org