Comments on: How would this partnership business work in terms of who gets the profits? http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/ Business Info for the Experts Sun, 28 Feb 2010 23:24:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jess Q http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/comment-page-1/#comment-269 Jess Q Sat, 30 Jan 2010 19:04:59 +0000 http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/#comment-269 For startups and new businesses, I would recommend For startups and new businesses, I would recommend

]]> By: elp http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/comment-page-1/#comment-268 elp Sat, 30 Jan 2010 02:54:17 +0000 http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/#comment-268 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://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/comment-page-1/#comment-267 sacha F Wed, 27 Jan 2010 02:20:10 +0000 http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/#comment-267 chick the web chick the web

]]> By: Suzanne S http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/comment-page-1/#comment-266 Suzanne S Sun, 24 Jan 2010 13:22:24 +0000 http://bestbusinesslive.info/how-would-this-partnership-business-work-in-terms-of-who-gets-the-profits/182/#comment-266 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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