{"id":568,"date":"2020-07-07T13:58:09","date_gmt":"2020-07-07T13:58:09","guid":{"rendered":"https:\/\/www.accountly.co.uk\/?page_id=568"},"modified":"2020-07-07T15:56:18","modified_gmt":"2020-07-07T15:56:18","slug":"partnerships","status":"publish","type":"page","link":"https:\/\/www.accountly.co.uk\/partnerships","title":{"rendered":"Online Accountants for Partnerships"},"content":{"rendered":"
A partnership is a common way to run a business, as it involves multiple inputs and management options but still offers a great amount of control over operations.<\/p>\n
A member can be a person or a company, known as a \u2018corporate member\u2019. So if you\u2019d like to go into partnership with yourself, you could technically set up a limited company to join you.<\/p>\n
Adding and removing partners is a relatively simple process, which is one reason why some business owners may prefer this to starting a Limited Company. Personal salaries are easier to acquire, you only have to deal with HMRC as opposed to Companies House, and they can be opened and closed a lot easier.<\/p>\n