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| bio | website | |
|---|---|---|
| location | ||
| age | ||
| visits | member for | 11 months |
| seen | Jun 22 '12 at 10:46 | |
| stats | profile views | 4 |
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Jun 20 |
awarded | Scholar |
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Jun 20 |
accepted | Need some help on profit sharing of partnership |
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Jun 20 |
comment |
Need some help on profit sharing of partnership Thanks much for your suggestion. Yes, I did discussed with my partner and drew the roles and scope. Because it's small business, I would think profit sharing based on labour is more suitable for now. I would see the labour ratio is about 8:2 or 7:3. So the part that I'm not sure is if we still go on split ownership 7:3(me:partner) , do we go on profit sharing 7:3? Or do I need to increase the profit sharing ratio to justify my bigger efforts and investment ratio? And of course, to be fair to my partner for investing too |
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Jun 19 |
awarded | Student |
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Jun 19 |
asked | Need some help on profit sharing of partnership |
