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Thread: Parntership split in new business

  1. #11

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    So what do you think.... is this another SHIP at the bottom of the ocean? We all know the only ship that usually doesn't SAIL is a partnership....

  2. #12
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    Join Date
    Nov 2019
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    61

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    In a business partnership, you can split the profits any way you want–if everyone is in agreement. You could split the profits equally, or each partner could receive a different base salary and then split any remaining profits. This will be up to you and your partners to decide.

  3. #13

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    I would give him the 15% every quarter that way you can keep track of the money you are giving him more proactively and see if it works with your expenses as well.

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