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How Will you Share The Profit? - Business - Nairaland

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How Will you Share The Profit? by Leykars: 5:41pm On Dec 06, 2020
Hi guys, would like to get individual opinions/suggestions regarding this scenario.

Imagine you going into a business partnership with a close friend. Financially the friend's input is not up to 15% while you both having about the same level of physical input (him probably a little more than you)
Profit sharing formula is very vital in partnership.

How would you WISELY handle such situation AMICABLY?
Re: How Will you Share The Profit? by dawnomike(m): 6:17pm On Dec 06, 2020
Leykars:
Hi guys, would like to get individual opinions/suggestions regarding this scenario.

Imagine you going into a business partnership with a close friend. Financially the friend's input is not up to 15% while you both having about the same level of physical input (him probably a little more than you)
Profit sharing formula is very vital in partnership.

How would you WISELY handle such situation AMICABLY?
20% vs 80% is fair enough since every other factor is equal
Re: How Will you Share The Profit? by LikeAking: 6:51pm On Dec 06, 2020
The man with the capital is the king in every business.

Without money nothing will function.

Let this info guide you.

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