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Need For A Partner In Your Business
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[QUOTE="Kennysplash, post: 69927, member: 26385"] [LIST] [*]Partnership has its own advantages, like you said two is better than one. [*]your business is easy to establish and start-up costs are low [*]more capital is available for the business [*]you’ll have greater borrowing capacity [*]high-calibre employees can be made partners [*]there is opportunity for income splitting, an advantage of particular importance due to resultant tax savings [*]partners’ business affairs are private [*]there is limited external regulation [*]it’s easy to change your legal structure later if circumstances change. [/LIST] [/QUOTE]
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