Where two or more individuals own a business together but have failed to organize a more specialized form of vehicle, they will be treated as a general partnership. The terms of a partnership are partly governed by a partnership agreement if one is created, and partly by the law of the jurisdiction where the partnership is located. No paperwork or filing is necessary to create a partnership, and without an agreement, the relationships and legal rights of the partners will be entirely governed by the law of the jurisdiction where the partnership is located. A single person who owns and runs a business is commonly known as a sole proprietor, whether that person owns it directly or through a formally organized entity. Depending on the business needs, an adviser can decide what kind is proprietorship will be most suitable.
There are a number of opportunities for businesses to secure short-term leases in vacant commercial premises through the city. Take a space for one week, one month or one year and take advantage of the flexibility of a short-term commitment that enables you to experience a new location, trial a product, test the marketplace or gain exposure for your business.
The Benefits Calculator does not currently calculate benefit entitlement for students, although we are aiming for this to be included in the future. This is because special rules apply and the results provided will not be accurate if you continue with the calculation. This includes students who are full time or part time, or in further, higher, advanced or non advanced education.