Support for your business
Partnerships and Unincorporated Business
On your side for partnerships and unincorporated businesses
Our expert team has vast experience locally, regionally and nationally, dealing with a wide range of partnership structures. We understand the broader business challenges you face and tailor our services and the way we work together to suit your goals.
One size doesn’t fit all and for some businesses an incorporated model (such as a limited liability partnership or limited company) is neither required nor desired. The choices you make now can govern your relationships and influence your business outcomes for decades to come so we take the time to work with you, understand your objectives and get them right.
We protect both you and your business
Partnerships can be complex and challenging. There are several unincorporated business structures, such as a partnership, co-operative or even sole trader. Whichever model you use it’s important you have the correct documentation in place in order to protect both your business and personal interests.
For example, if two or more of you are principals in a business together it’s likely that you have a partnership, even if you have not explicitly agreed as such. Unless you have a written agreement in place, your relationship will be governed by the Partnership Act 1890, which may impose unintended and undesired consequences. You can rely on us to examine the minute detail and our agile, straightforward approach and firm, pragmatic advice makes it quicker and easier to resolve confusing issues and make confident decisions.
We get the real world
We know structures aren’t usually set in stone and businesses can change from one type of structure to another. Whether going through a process of change is suitable for your business will depend on several factors such as the business sector you operate in, tax implications and exposure to risk. We are experts in advising and guiding business owners on the best structure and the regulations that apply to whichever structure you are presently operating. Our team is partner led and you’ll always know the member of our team you’re talking to.
Contact our expert lawyers for advice on any of the following.
- Partnership agreements
- Converting to/from partnership
- Partners’ duties
- Partnership disputes
- Alternate business structures
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Get in touch
Talk to us about your legal challenges and discover how our expert, pragmatic legal advice and broad commercial acumen can help.