Recent content by Mabbo

  1. M

    Partnership advice - walk away? buy partner out?

    Thanks again for all the replies :) No need to say sorry, its what I expected. The assets are next to nothing, other than the spray booth that I paid for. From what everyone has said, it sounds like a bit of a loose loose situation.
  2. M

    Partnership advice - walk away? buy partner out?

    Thanks for the reply Gecko001. Sorry, my last reply as it wasnt very clear and Im probably getting confused as my head is a bit of a mess at the moment. Now we are both working there and have been taking equal amounts I know the accounts have been done at 50% of the profit each. I cant...
  3. M

    Partnership advice - walk away? buy partner out?

    Thanks for the reply :) I thought I may owe the business money because I was taking a wage for years while my business partner wasnt taking anything (while he had a full time job) as I was the only one there... but the accounts have been done as 50/50 so I assumed we should have taken the same...
  4. M

    Partnership advice - walk away? buy partner out?

    Hi, Firstly, I'm not sure if this is the right section to ask these questions, but Im after some advice about my business. I'm part of a 50/50 partnership with a friend and I am considering leaving, or maybe buying him out? We are not a ltd company, and Im looking for advice on which would be...
  5. M

    none paying customer - best way to deal with it

    Hello, This is my first post, so sorry if its in the wrong forum. I have been running a part time web design business for the past 12 months. I have a lot of happy customers, but one customer has cut contact and has ignored my first invoice. I have never ran my own business before, so a lot...
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