Taking on a Partner in Business

Published: 18th June, 2014

If you’re talking to someone about becoming a partner of your business, what protection do you need to put in place?

Question asked by Andrea Cox from Fat Chilli

Answer

Hi Andrea, the agreed terms need to be put in writing, the type of agreement will depend on the nature of the relationship (partner, employee, director, shareholder).  We have more information on partnerships in the Legal Library.

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