Best business type for a partnership?
I'm looking for some advice on the type of business to setup - eg. partnership, LLP partnership etc
A bit of background - there are five of us (3 UK-based journalists, 1 Canadian-based journalist, 1 German-based photographer) who have recently started a new publication focused on motorsport. We have launched a website, a podcast, and a Patreon page which we are already generating income from.
Understandably, there are costs involved which so far we have paid from our own pockets, and as these costs grow and our income increases, we'll soon need to consider turning this into an actual business - but I'm unsure what is the best route to take at this point.
As there are five of us (who are all freelancers) with an equal say in how things are run, our first though was a business partnership. I'm wondering though as two contributors are based outside of the UK, would this change anything?