What is a Partnership: UK Solicitor Explains (Avoid Red Flags)

Описание: EMAIL MALCOLM NOW: [email protected]

In this video, Malcolm Zoppi, a qualified solicitor, discusses what is a partnership. Stay tuned as we explore the advantages, disadvantages, and legal intricacies of forming a partnership.

💼 Here's what you'll learn:
The definition of a business partnership and how it's automatically created when two or more persons come together to make a profit as a small business on their entrepreneurship journey.
The importance of having a partnership agreement in place to ensure fair division of profits and debts.
The difference between a partnership and a limited company.
The three main types of partnerships: general partnership, limited partnership, and limited liability partnership (LLP), and their implications on liability.
The need for considering tax considerations and filing requirements when choosing the right type of partnership.
The potential downsides of not having a bespoke partnership agreement and why you should consider getting one drafted.
How to make a business partnership work using a legally binding partnership agreement as an entrepreneur.
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MESSAGE FROM MALCOLM ZOPPI:
If you are looking for legal advice, I'd be happy to discuss whether I can help.
Reach out via the options below.

Email: [email protected]
WhatsApp: +44 7480 765182
Website: https://www.zoppi.co.uk/
Legal service: https://www.zoppi.co.uk/business/lega...
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Contact me for a free legal advice call:
WhatsApp: +44 7480 765182
Landline: 0330 133 3815
Email: [email protected]

0:00 - Intro
0:19 - What is a partnership?
1:11 - Is a partnership the right choice for your business?
3:13 - Why have a bespoke partnership agreement?

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