Ok, so I want to register a company limited by guarantee (I think) in order to carry on doing what I'm doing as a freelance mental health professional but to be in a position to receive some funding as well. There are funds to be accessed out there which are not available to me as an individual but are available for charities, CICs and companies limited by guarantee.
Now, I deliver some of the services with a colleague and was initially thinking of setting up a company with the two of us as directors. I thought that it would be good to have another person to share all the responsibilities with. But having thought about it now, I don't think it would work because I created all the training and have published papers in the field of work for which I have built my reputation in. My colleague has some great skills, but has no established reputation in the field, and is still learning the ropes. I like her as a person so wanted to work with someone i get on with, but also want to ensure that the new set up is fair on both of us. I think my friend is expecting to be equal in the partnership. I don't agree but haven't discussed it with her yet because I want to understand the options first.
I know I have to get some legal advice and all that, but before I do it, I wonder whether anyone has gone into business with a friend who was more of an assistant rather than an equal partner? And if you have, how did you divide the roles, responsibilities and finances?
Any ideas would be welcome- as it's obvious, I'm new to this whole business malarkey and am not much of an enterpreneur but am passionate about the work I do. TIA
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setting up a small company with a friend. My contribution is greater than hers- how to set it up
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townieatheart · 14/03/2016 21:17
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