Starting a small business

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Post by nat355 » Mon Jan 25, 2021 12:26 pm
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?


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Post by Foggy » Mon Jan 25, 2021 12:31 pm
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.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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