Many Advisers aspire to becoming full partners in practices or to start up on their own.
On taking up full partnership/ directorship it is often advisable to take advice independent from your associates in order to examine:
Partnership agreements
Share option agreements
The
viability of the existing business
Your best option
How to employ
assistants
Purchase and sale of practices
Long term planning
If you decide to go out on your own, either alone or with colleagues, you will need to:
Prepare a business plan including full financials to assess the viability and sustainability of the business
Decide on the structure of the new business
Put in place a full accounting system
Whatever option is taken you need to talk to a specialist accountant.
Whether you are based in London or elsewhere please contact us to discuss how
Learer Roberts Chartered Accountants can help you, for
more information or to arrange a no obligation meeting.
