Posts Tagged ‘Running’

What percentage of people who start business survive and grow ?

Tuesday, November 4th, 2008
Bachelor boy asked:


1) Assume they have a family business already running and they start another.
2) Assume they do not have family business and are new to doing business and may or may not have guidance.
3) Assume they worked in management positions and non management positions in any company.
4) Assume that they may or may not have studied business management.

How would this partnership business work in terms of who gets the profits?

Thursday, July 31st, 2008
Ryder asked:


Let’s say two people start a t-shirt business… one of the people doing the business is an artist who does the designs for the company, such as designs for the shirts. When these shirts get sold ($40 for a shirt for example), and the t-shirt is paid for, how is the money split among the two who is running the business?