Step 4: Transfer of Assets and Liabilities

How to Convert a Sole Proprietorship to a Partnership?

How to Convert a Sole Proprietorship to a Partnership

There comes a time when the sole proprietor would want to share the burden, risk, and reward of the venture with a business associate. One of the nicest things that can happen to a sole proprietorship is its conversion into a partnership, and it is, however, an action that has to be artfully planned and … Read more