Following on from our due diligence checklist, we now explore the question if you already own a practice "Do you need a business partner?" what should you do first as well as considering the pros and cons of entering a partnership.

Entering a partnership agreement takes serious consideration with both benefits and disadvantages weighing heavily on all parties involved. The questions being asked may seem simple, however the answers are not necessarily easy and can be very different depending upon each individual involved.

You can download this PDF for some practical information from Anne Hurley should you be considering a partnership as an option.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.