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    agentman's Avatar
    agentman Posts: 2, Reputation: 1
    New Member
     
    #1

    Apr 28, 2008, 02:33 PM
    Silent Partner Share
    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's Avatar
    delite Posts: 202, Reputation: 3
    Full Member
     
    #2

    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's Avatar
    agentman Posts: 2, Reputation: 1
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    #3

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

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