Comments on: How would this partnership business work in terms of who gets the profits? http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/ Businesses in a Box? I Don't Think So! Thu, 01 Apr 2010 00:47:18 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jess Q http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/comment-page-1/#comment-74 Jess Q Thu, 07 Aug 2008 15:05:43 +0000 http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/#comment-74 For startups and new businesses, I would recommend For startups and new businesses, I would recommend

]]> By: elp http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/comment-page-1/#comment-73 elp Tue, 05 Aug 2008 22:38:42 +0000 http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/#comment-73 Since you haven't legally formed a partnership, likely would be 50/50. I suggest you form a legal partnership so everybody is on the same page. You must document the ownership percentage when you do this and the profits must be split accordingly. Linked below is an article giving advantages and disadvantages. Also has a link to nice table. It confirms what i've said above. Since you haven’t legally formed a partnership, likely would be 50/50. I suggest you form a legal partnership so everybody is on the same page.

You must document the ownership percentage when you do this and the profits must be split accordingly. Linked below is an article giving advantages and disadvantages. Also has a link to nice table. It confirms what i’ve said above.

]]> By: sacha F http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/comment-page-1/#comment-72 sacha F Sun, 03 Aug 2008 14:16:32 +0000 http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/#comment-72 chick the web chick the web

]]> By: Suzanne S http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/comment-page-1/#comment-71 Suzanne S Fri, 01 Aug 2008 16:25:09 +0000 http://hotbusinessonline.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/154/#comment-71 This would have to worked out between the two owners in a written and signed agreement. this can be 20/80, 30/70, 40/60 or 50/50 This would have to worked out between the two owners in a written and signed agreement. this can be 20/80, 30/70, 40/60 or 50/50

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