Me and a friend recently registered as a partnership, however he can no longer be involved as he is moving to Australia. How Do i go from being a partnership to being a sole trader ?
2006-11-23 01:35:10 · 2 answers · asked by Anonymous in Business & Finance ➔ Small Business
Basically you have to buy out your partner's share. The partnership agreement probably spells out how this is to be done.
If you do not have a written partnership agreement, at least put the dissolution of the partnership in writing, in the form of a contract you both sign, and have it notarized. Then it either [former] partners' heirs have a question about the assets of the partnership, you will have it all in writing.
2006-11-23 01:44:15 · answer #1 · answered by auntb93again 7 · 0⤊ 0⤋
Dude.... LIMEWIRE F-ing SUCKS. Dont mess with them or Kazaa or the entire Gnutella network. Its packed full of spyware and tracking programs. Im not paranoid, I just know this for a fact because I got busted for copyright infringement and piracy a few years ago from using them for P2P connections. Also, make sure you check all the hidden files those programs leave behind. When you download using them it places multiple copies of the files into other folders you dont know about. Thats how it got me. Just thought you shold know.
2006-11-23 01:54:07 · answer #2 · answered by DemoDicky 6 · 0⤊ 0⤋