Business Parnership

[dougald]

Hi, I'm looking for some advice please.

My best friend has recently started what appears to be quite a successful venture in the fast food business, the only problem is that his workload is too much for him and he was going to sell it. (He's had offers to buy it) He has now asked me to go into partnership with him and given me a price for a 50% share of his business.

Before I hand over any money to him can anyone tell me what I need to get/do to have proof of my joint ownership?

[rogersmelissa42]

Hi dougald,

Welcome to the forum.

You should consult a business lawyer; get everything in writing before you put in any money.

You can search for solicitors or law firms in your region who handles business partnership related issues.

Thanks,
Melissa