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agentman
Apr 28, 2008, 02:33 PM
Hello,

I am trying to figure out what my take would be in a business with a friend, where I am investing 40% of the cost of buying the business. My friend who is investing the balance, will be the "active/working" partner, I will be the 'silent" partner.

What would be my split? Does the fact the he is "active" in the business mean he takes a larger share, or is his work which is salaried count separately?

Any ideas will be appreciated.:confused:

delite
Apr 30, 2008, 08:58 PM
Not necessarily. If own say 40%,necessarily you should share 40% in profits and losses.sometimes areements are made and provisions can dictate a different different reduce to writing,splits is determined by equity

agentman
Apr 30, 2008, 11:02 PM
Thanks, delite! Of course I have a great deal of home to do on this.