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Funding a business
Do All Partners In A Business Always Get An Equal Share Of Profits?
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[QUOTE="Good-Guy, post: 138888, member: 29109"] When it comes to funding or financing a business, the general rule is that all the partners get an equal share of profits and the profits are divided by the ratio of investments each partner makes. This is mostly the case with big corporations or companies that provide dividends to shareholders on the basis or ratio of their investements in the company. The same can be said about other kind of business corporations that are based on partnerships. However, when it comes to finance or funding a business, I do not think that a person might always get an equal share because the working partner has the right to demand the salary apart from his investments from the sleeping partner. [B]Do you agree that a partner has the right to ask for more profits?[/B] [/QUOTE]
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Do All Partners In A Business Always Get An Equal Share Of Profits?
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