C
Chadc
Guest
What is the name of your state? California
Hello,
I have been involved in a general partnership for 2 years. We are doing OK financially. My partner has decided to call it quits and move back to the east coast. I plan on keeping the company running by myself and retaining all assetts.
I have been looking for stock legal agreements to end our partnership. All I find are partnership dissolution agreements. My situation seems to me to be a bit different because I am going to keep the company and not dissolve it.
Do I need a special agreement or do I need to dissolve the company and start over as an LLC or sole proprietorship.
I would also be interested in some advice about which kind of company I should be after this. I have heard it will be harder to get loans if I go the LLC route.
Any help would be greatly appreciated. Thanks in advance
Hello,
I have been involved in a general partnership for 2 years. We are doing OK financially. My partner has decided to call it quits and move back to the east coast. I plan on keeping the company running by myself and retaining all assetts.
I have been looking for stock legal agreements to end our partnership. All I find are partnership dissolution agreements. My situation seems to me to be a bit different because I am going to keep the company and not dissolve it.
Do I need a special agreement or do I need to dissolve the company and start over as an LLC or sole proprietorship.
I would also be interested in some advice about which kind of company I should be after this. I have heard it will be harder to get loans if I go the LLC route.
Any help would be greatly appreciated. Thanks in advance