Advice and Support for Partnerships
In a partnership, you have a wider range of skills than most sole traders, and this is the foundation of some small businesses start-up, growth and success.
They divide their work according to skills and interests. In the early stages, book-keeping, managing cashflow and perhaps tax returns may have fitted in well enough.
But with increasing complexity – and perhaps growing ambitions too – there can feel like there is less time in the day and too much to do on Friday… and your free time starts to get overtaken. And since the amount of tax payable is larger than it used to be, you want to be more careful.