Have you considered setting up a partnership? It can be a lonely journey running a business so having the right partner will give you additional support. You may have different skill sets, but it’s important that you do share the same core values - it definitely helps when making decisions together. However, the downside of a partnership is that each individual partner is potentially responsible for ALL the business debts. In other words, if the business fails, you may end up owing a lot of money. In order to guard against this, some partnerships opt for a limited liability partnership (LLP) format. Or they might consider setting up a limited company where the liability is limited to the face value of the shares. Whether you choose to form a business partnership, an LLP or a limited company we can help you with the paperwork and what works best for you and your business partner. . . . #businesspartnerships #limitedliabilitypartnership #settingupacompany #needanaccountant #essexaccou...