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Project-Question: Partners and Profits
ID: 1138677957

Status: Open
Budget: $ 5-10
Created: 1/30/2006 20:25
Delivery Date: 3/31/2006 20:25 (expired)
Project-Question Creator: erik
Rating: (No Feedback Yet)
Description:
I have two silent partners who are with me in starting my business. The loan to get started is around $500,000. I need $75,000 for a down payment. One partner contributed $40,000, another contributed $20,000, and I contributed $15,000. I will be managing the business and they will help with the labor and service, which is very little. I am trying to figure out what percentage these partners will be compensated in the future years?
Categories:
  • Entrepreneurship
  • Start-up Topics
  • General Small Biz
  • Business Planning
  • Benefits and Compensation

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kkemper $ 10 1 day(s) 1/31/2006 16:14
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do u have a CPA? it is really very simple!

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