Many a term has been used to say if you are going into business don’t mix family and friends. That may ring true in some cases, but sometimes if it wasn’t for two great ideas being committed to the one purpose, many great ideas would never be born.
Creating partnerships in business should always include advice and consultation with regards to taxation compliance, bookkeeping requirements, ongoing maintenance of the industry and most importantly open conversations on the future workings of the partnership. This is where we can help.
David O’Brien and Associates can provide you with valuable advice on the optimal structure for your operations. We can also advise you on how to prevent your income being excessively taxed. We can advise you on the benefits of adopting a partnership structure for business activities.
Allow us to be part of your combined journey and contact us when those thoughts are initially on the table. That way we get to iron out any wrinkles that may be present at the early stages to ensure a smooth transition into your joint-venture.
Partnerships can bring different strengths to the table and sometimes one partner can push the other at the right time. Partnerships can be rewarding and they can be advantageous to get not only great ideas and fantastic theories off the drawing board, but sharing visions and celebrating the successes with your partner will always make a great story when you are both retired and enjoying the fruits of your labour. Please contact us so we can be part of your story.