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If you hire or buy a property, you may have to pay business rates. Small companies can apply for a reduction on business charges and a few may pay nothing. A partnership is the only way for two or extra people to run a business together.
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General companions in a partnership , plus anybody who personally owns and operates a business without creating a separate authorized entity, are personally liable for the debts and obligations of the business. In current many years Business News, states modeled some of their property and enterprises after business enterprises.…