Strategic guidance for business partnerships
Running a successful partnership, unincorporated entity or LLP comes with its own unique set of compliance requirements and strategic opportunities. Gerald Edelman can help you to maximise benefits and make sure that any risks, costs and responsibilities shared between partners are always kept in check.
How can our business partnership advisers help?
Business planning and forecasting
We can help your partnership plan for the future, develop a strong business plan, forecast financial performance and identify new opportunities for sustainable growth.
Our advisers offer guidance on tax obligations specifically related to partnerships, often assisting with tax planning, return submissions and maximising the benefits of a partnership structure.
We can identify and mitigate current and future risks that may impact your partnership by conducting detailed risk assessments and financial analysis.
We have significant experience and a proven track record in settling disagreements between partners through mediation, negotiation and dispute resolution services.
Partnership formation and registration
Our team often works with entrepreneurs that wish to establish a partnership, advising them on a wide range of aspects related to legal structures and registration.
Developing a plan for the future of the partnership, including retirement or exit planning, transfer of ownership or assets, or dissolution of the partnership.
Get in touch
Given the unique challenges that running a business partnership brings, it's always a good idea to seek professional advice to understand your specific tax situation and obligations.
We’d be happy to arrange a free initial session with you. Simply fill in the enquiry form or call us on the number below.
Call us+44 (0)20 7299 1400
Get in touch
why choose us
Why Gerald Edelman?
If you're aiming to develop a long-term strategy for your partnership, manage partner dynamics and/or conflicts, improve communication and collaboration, or plan for a future exit, our partnership advisers are here to support you.
We’ve worked with hundreds of business partnerships over the years, which puts us in the perfect position to ensure you are taking advantage of the flexibility and allowances that this type of structure offers. With Gerald Edelman, your business has access to a comprehensive range of services, including partner assessments, strategic planning and conflict resolution, as well as ongoing tax and accountancy advice.
It’s important to remember that the tax benefits of partnerships are very different to limited companies. The size and nature of your business, your level of profits, the tax position and opportunities for individual partners all need to be considered to establish the most efficient structure.
Get in touch with one of our friendly advisers today.
Frequently asked questions
How do I know if Gerald Edelman is the right business adviser for my partnership?
When choosing a business adviser to support your partnership, it’s essential to look for someone who has relevant experience in your industry, understands your business goals and challenges, and has a track record of success working with similar businesses. That’s why we offer a free consultation with all new clients, so we can discuss your needs and expectations and get a sense as to whether our expertise is a good fit for your business.
Do you support Limited Liability Partnerships?
Yes, our business advisers work closely with all types of business partnerships, including LLPs. Each structure has its own benefits and challenges to consider, which is why we always make sure to gain a comprehensive understanding of your business before tailoring our advice accordingly.
How are your fees typically structured?
We offer complete transparency over our fees, and aim to fix our advisory fees based on the information we receive from our clients. For ongoing projects and additional services, we aim to estimate the expected price based on the scope and then communicate throughout the project so that our clients are always aware of the costs.