Monday, May 17, 2010

Business Partnership divisions....? -

If I ve agreed to becoming a partner in a business, and my partner has the money to invest but I m investing my equipment and time.. are his investments more important than mine because it s dollars instead of hours?

I would have to say yes, but not buy much cause there is allot that you could do with money. but it s like having something that you need cause it wouldn t really work without the other. so i would have to you are both important in this situation. it like having rims without the tires or having tires without the rims. if you leave on of the two out thin they both become worthless.

Sometimes , unfortunately the person with money has the power of the partnership , but.. you are getting in with your equipment so , that may help the business be 50-50 . if not he will have more power than you , but everything can be solved if you talk before you do anything . Is better talk about any situation in the beginning than latter

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