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Funding a business
Working As A Working Partner Without Funds?
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[QUOTE="Good-Guy, post: 141072, member: 29109"] When it comes to starting a business, most of the people would contribute funds in order to start a business. Partnership businesses are usually formed on the basis of fund contribution and the profits are shared according to the ratio of funds contributed into business. Most of the time, all the partners associated in the business also work in order to promote business and make it more successful. However, there are certain times when an individual never contributes any funds but still get profits. The concept of working partner is almost non-existence in my country because people believe that the person who is running or managing the business is actually an employee. However, there is a big difference between being an employee and a working partner. How common are working partners in your country? [/QUOTE]
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