Why would a business change from a partnership into an LTD
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Change in management - You may be taking on a business partner, so you decide to change from a sole trader to a partnership structure.
Change in ownership - If you buy an existing business, you may decide to change the business structure to meet your goals for the business.
Financial reasons - You may be restructuring to meet financial goals and objectives, such as improving cash flow or profitability of the business.
Operational reasons - You may be reorganising your internal functions, such as sales and marketing, to improve the way your business operates.
Business growth - Your business may have expanded overseas or you're expanding the product functions of the business and you need to change your structure to accommodate this growth.
Change in ownership - If you buy an existing business, you may decide to change the business structure to meet your goals for the business.
Financial reasons - You may be restructuring to meet financial goals and objectives, such as improving cash flow or profitability of the business.
Operational reasons - You may be reorganising your internal functions, such as sales and marketing, to improve the way your business operates.
Business growth - Your business may have expanded overseas or you're expanding the product functions of the business and you need to change your structure to accommodate this growth.
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