Partnerships
forming effective partnerships
Some highly successful business organisations are established using the partnership model. For many professionals, partnerships make a lot of sense. They are relatively straightforward to establish; they can, under some circumstances, borrow money and raise capital for investment more easily; and they benefit from using a pooled knowledge base. Limited liability partnerships - LLPs - are a further option that you can consider.
NR Barton is in a strong position to help you consider whether your business and its commercial ambitions suit the partnership model or LLP option. We will also be able to advise you on how to create the right kind of partnership agreement to avoid future issues and how to understand the challenges of joint and several liability.
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Tax
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