| Can I change my business from a ''general partnership'' to sole proprietor'' |
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Trabiezo
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Can I change my business from a ''general partnership'' to sole proprietor''
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Pinglash
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l do not see why not. You do not go into detail on ur partnership; but if both partners agree, u should not have any problem, as long as u r sure this is what u want to do. Most likely, u will have to close out that business & any contracts between ''partners.''
l think it may be best to seek legal/tax advice first, especially if u r not sure which ''identity'' would meet ur needs. A call to ''secretary of state'' & a few questions will point u in the right direction. Also, u might want to ''Google'' a few of ur questions regarding ''general partnership.''
http://toolkit.com/small_business_guide/sbg.aspx?nid=P12_4225
http://smallbusinessbc.ca/bizstart-prop.php
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