Partnership Rather Than Sole Trader
I've been operating for over 2 years now, and my Son has been working with me when he can on his days off with his current job. He's 23 and has a good head on his shoulders.
Rather than put him on as an Employee, are there benifits in making him a Partner?
I really don't want to have to go down the Workers Comp, Superanuation etc etc Road, and thought this would be a better option and ultimately give him some ownership for the future as well?
Any opinions good or bad are welcome!
Posted 11 November 2017 - 05:57 PM