Talk

Advanced search

sole trader going into business with someone else

(2 Posts)
snail1973 Fri 30-Sep-11 14:47:30

Bit of advice needed here and I am hoping one of you business minded people can help. Basically I am hoping to join up with another local mum and help her run her business. She is currently a sole trader. We are wondering how we can change the business to accommodate me. Can we be 2 x sole traders using the same company name or do we have to become a partnership or Ltd Co? Thanks

BlueCat2010 Fri 30-Sep-11 16:11:42

You would need to go into a partnership or start up a limited company. Suggest a visit to an accountant who will be able to discuss your personal circumstances and go through what is best for the two of you.

Join the discussion

Join the discussion

Registering is free, easy, and means you can join in the discussion, get discounts, win prizes and lots more.

Register now