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Which way best

06/02/2018 18:44:09
Currently unemployed but about to embark on a new venture with my son. We are going to be taking over an existing food takeaway business. My question is whether we would be better to do this with me as a Sole Trader and my son an employee or both being self employed in a joint venture or as a simple Partnership. We will be employing some part time staff also. The current owner runs as a Sole Trader and has a few part time staff.

Advice would be welcomed - Thank you
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Re:Which way best

07/02/2018 09:13:05
Hi

Here is a link to a page on our website which covers the different ways of running a business. Unfortunately we are not in a position to advise which method would be best.
It would be up to you, having considered the options, to decide which is best for your situation.

https://www.gov.uk/working-for-yourself
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Which way best

10/02/2018 00:13:45
Thank you.

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