Comments on: Creating a Business Partnership Agreement

By: Akila

Akila — Thu, 19 Nov 2009 15:10:41 +0000

Hi,

There are 2 partners who contribute equal amount.After two months 3 partners join and they too contribute the same amount. Now in what ratio they should share the profit and losses

By: JRB

JRB — Tue, 17 Nov 2009 19:52:13 +0000

We have 3 people who are equal shares in a company but one of the partners does not want his name to show up on the paperwork with the state until he leaves his current employer. How do we do this and insure his ownership?

By: Barbara Foster

Barbara Foster — Fri, 06 Nov 2009 16:37:13 +0000

When partners put in equal shares of money into a new business is this called
equity?

By: niki

niki — Tue, 03 Nov 2009 10:13:57 +0000

I am hoping to go into a partnership with a friend , he is putting mostly assets, and he owns the premises, i will have to put in what ever amount as capital i can afford, i’m sure the profits from the business will be shared according to different percentages of capital we put in? but i will be working in the business a take away, and he will not be running th businessbut will be just in and out as he lives out of the country? please advise what are the pros and cons and what I should look out for when we do the business agreement as to avoid any disagreements at a later stage? also as a partnership is it etter fro me to ask for a monthly salary, and then we can share profits at the end of the year? please advise

By: janice

janice — Tue, 27 Oct 2009 17:18:23 +0000

Hello,
I am in the process of doing up a business plan.
I have a product that I would like to get on the market, the problem is: according to the laws in Florida you are not allowed to create any product that is eatable in your own home. I was told by the government that I can borrow a kitchen from an established liscensed resturant where I can use their license to produce and market my product…my question is: What kind of business plan do I need to do, and what are the specifics that I need to include to make this plan and business venture a success?

By: chandrashekhar choudhary

chandrashekhar choudhary — Sat, 15 Aug 2009 17:51:11 +0000

sir .
i am chandrashekhar i have done MBA and its after i want abusiness plan till 10 lackh plzz send me agood plan

By: Raghunandan B L

Raghunandan B L — Fri, 14 Aug 2009 14:15:35 +0000

what are the pre conditions for becoming a sleeping partner.what are the percentage of share of profit,

By: vivian cook

vivian cook — Wed, 22 Jul 2009 10:04:16 +0000

Albert, do you and your partner have a business plan? If so, is there a backup plan for hte business? Do you have a signed agreement among the twor of you. Remember that a certain amount of capitol is to pay employees expenses and equipment depeding on the kind of businessl Also capitol is called a debet in acounting. Make sure you have a journal, ledger and even a spreadsheet to keep up with the day to day process of your business, Accounting is difficult, so if you can not do it by yourself, get someone cettified to help with this issue. I know this did not answer your direct question, however i hope it helped some.

By: ALBERT.O.ONDERI

ALBERT.O.ONDERI — Wed, 08 Jul 2009 22:39:33 +0000

HI
THANKS FOR YOUR SITE IT EDUCATE ALOT ,
MY QUESTION IS THAT SUPPOSE I MANAGE ALL THE BUSINESS ACTIVITIES BUT MY PARTNER CONTIBUTE ONLY THE CAPITAL HOW ARE WE SUPPOSE TO SHARE PROFITS MADE FROM THE BUSINESS
KIND REGARD

By: Muringo

Muringo — Tue, 12 May 2009 05:59:09 +0000

I would like to know how to do a business contract with a foreign supplier whom I don even know but have agreed to do business together.
I am worried of sending my money to them as well.
Kindly advise.