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Starting a small business

Posted: Mon Jan 25, 2021 12:26 pm
by nat355
I have an IVA and planning to start a small business with someone else. Can I set up a business partnership with someone who doesnt have an IVA? will my IVA provider try and take any profits from the biz?

Re: <t>Starting a small business</t>

Posted: Mon Jan 25, 2021 12:31 pm
by Foggy
It will have to be a cash based business -- ie no suppliers on account and your IP will need to see acounts and will garner your share od profits as income.