Comments on: How would this partnership business work in terms of who gets the profits? http://www.economics24.com/small-business/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/ economics daily news Mon, 16 Nov 2009 16:34:27 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Jess Q http://www.economics24.com/small-business/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/comment-page-1/#comment-249 Jess Q Fri, 04 Jul 2008 08:26:25 +0000 http://www.economics24.com/%categoryhow-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/#comment-249 For startups and new businesses, I would recommend For startups and new businesses, I would recommend

]]> By: elp http://www.economics24.com/small-business/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/comment-page-1/#comment-248 elp Tue, 01 Jul 2008 07:27:11 +0000 http://www.economics24.com/%categoryhow-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/#comment-248 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://www.economics24.com/small-business/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/comment-page-1/#comment-247 sacha F Sun, 29 Jun 2008 05:36:38 +0000 http://www.economics24.com/%categoryhow-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/#comment-247 chick the web chick the web

]]> By: Suzanne S http://www.economics24.com/small-business/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/comment-page-1/#comment-246 Suzanne S Thu, 26 Jun 2008 04:46:39 +0000 http://www.economics24.com/%categoryhow-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/#comment-246 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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