Friday, December 17, 2010

Idea on partnership and profit sharing? -

we have a sweet shop whose yearly sale transaction about 10-12 lakh .its infrastructure is well established.but non of my family member can give full time due to busy engagement.so we have decided to bring my friend into the family business as he can give full time and run the business. so i want to know about the term and condition we should implement in this regard.provide me idea and tips on profit sharing ,maintenace .

Friendship is personal, business is professional. Make a partnership deed.Partnership is an agreement or contract between the partner in which everything is described, like profit sharing, investment, process and how to divide the profit sharing,terms and condition of the partnership and profit sharing, limit of drawing ( it is the money which we withdraw from the business for the personal use) etcRemember without partnership deed any kind of business which is run by the two, is illegal and cannt be claim in the court Its better you refer the lawyer

As for as a family business is concerend, avoid an outsider into it. It can create lot of problems for you and your family members and there are chances the relationship between you and your family members as well as with your freind get spoiled and i am on the side it is an immature decision. If all of you are busy, consider giving him an employment and give him a good salary. If he is not agreeable to this, consider hiring a person from outside.Business decisions should come from your head and not from your heart.Anyway if you are still want to get him to your business as a parter, a partnership deed has to be made with the help of a lawyer. Please remeber in mind, as per Partnership Act, all the members are severally and jointly liable for any liabilities created out of Partnership. In the real world, what happens in such situation is the outsider creates lot of liability in the name of the Partnership and when it come to the point of payment he claims that he doesnt have the resources to pay and eventually all the other partners got attached to the liability.These are the possibilities. Take your own decision.

Find collaborators or company cross-stitch? -

Long-term sales finished cross-stitch, can also be customized. Looking for long term cooperation individual or company. We have more than 100 embroidery workers, embroidery quality excellentmy email pwoman.net@gmail.com my website www.pwoman.net

I can send you blank/ plane Dupattas( punjabi mein Chunni) in whole-sale for embroidery work.Thanks Rajesh

Pick a name for my jewlery buisness? -

Im starting this little side buisness selling pandora bracelets beads and charms.Im looking for a catchy name I can use on my blog and on my buisness cards, etc.I was thinking of putting something like Ashleys european charm bracelets or something but it seems boring.Alittle about me:-my name is ashley, duh lol-um...I sell pandora european charm bracelets and beads-i love fashion and glamour and all that girly stuff.Any type of ideas or suggestions?Thanks!

make sure you use your main keywords in your business name and your url, domain name.don t use your own name... it s considered unprofessional... although Ashley is a beautiful name : )make sure you use an elegant word in front of you main keywords.. or just keep it as it is as your most important keywords are already there, i.e. Pandora Charm Bracelets and www. elegant word PandoraCharmBracelets.com or www. elegantword pandorajewelry.com, www.mypandorabracelets.com, or close to it... whatever you do, try to use your major keywords as this is the key to getting high search engine rankings and being found on the first page on google. ... hope this helps.

Pandora s CharmThis is a great article about - How to Select a Company or Product Name - http://www.developer-resource.com/how-to��The article has some good advice on how to research names, and what to becareful of. Here are some tips on selecting a domain name http://www.small-business-software.net/c��Should get you started!Best of luck

Ashley s charms

Ash Jewels

How do i know if buyer has already payed through paypal on ebay? -

As a seller how do i know if the buyer has already payed through paypal? Will ebay itself let me know that the payment has been made or do i actually have to go through my paypal account and check (if so how do i check through paypal: step by step directions please!)Thank you

PayPal will send you a message through eBay that the buyer has paid and you can ship.......if not go to PayPal get into your account and follow the directions.........

Pay Pal will send you a email stating that your item was paid for - and who bought it. Their address will be in the email also.

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