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Category Archives: partnership

Build a Coorperative Business

You could choose to run your business as a cooperative. This form of trading identity would be best suited to a group of hobby enthusiasts wanting to set up their own business where the business assets are all owned by … Continue reading

Limited Liability Partnership

You can also form a limited liability partnership. To do this you will need to submit an Incorporation Document (Form LLP2) at Companies House. The following information is required:

Business Partnership and Its Types

Yes. A partnership can be for two or more people, however only those partners over the age of 18 are legally bound by the terms of any partnership agreement. Partners are referred to as members of a partnership.

Must Know Deed of Partnership

A deed of partnership is a legally binding agreement between the partners of a business. This agreement describes how the partnership is to be run as well as detailing individual duties and obligations. A deed of partnership will usually cover: