http://smallbusinessmerchantaccounts.org/should-i-go-into-business-for-myself-or-keep-spliting-my-money-5050.htm Sat, 19 May 2012 14:26:28 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://smallbusinessmerchantaccounts.org/should-i-go-into-business-for-myself-or-keep-spliting-my-money-5050.htm/comment-page-1#comment-1078 Flyboy Mon, 14 Sep 2009 18:27:42 +0000 http://smallbusinessmerchantaccounts.org/should-i-go-into-business-for-myself-or-keep-spliting-my-money-5050.htm#comment-1078 Here's a simple answer to your rather long question: It makes sense to have business partners when two conditions are present: First, you both bring unique skills to the business so that the two of you offer more to the business than either would separately. The second flows from the first: The business earns more from the both of you than it would from either of you separately (1+1=3). If you don't have these conditions then don't have a business partner - hire employees. Here’s a simple answer to your rather long question: It makes sense to have business partners when two conditions are present: First, you both bring unique skills to the business so that the two of you offer more to the business than either would separately. The second flows from the first: The business earns more from the both of you than it would from either of you separately (1+1=3). If you don’t have these conditions then don’t have a business partner - hire employees.

]]> http://smallbusinessmerchantaccounts.org/should-i-go-into-business-for-myself-or-keep-spliting-my-money-5050.htm/comment-page-1#comment-1079 lithium630 Mon, 14 Sep 2009 18:27:42 +0000 http://smallbusinessmerchantaccounts.org/should-i-go-into-business-for-myself-or-keep-spliting-my-money-5050.htm#comment-1079 That is the longest question I've seen. If you keep 50% of the profit from the new business you bring in, plus get half of the remainder, then you get 75% profit of all new business you get. Is it worth doing 100% of the work 100% of the time for that remaining 25%? Guess it depends on how much work your partner does. That is the longest question I’ve seen. If you keep 50% of the profit from the new business you bring in, plus get half of the remainder, then you get 75% profit of all new business you get. Is it worth doing 100% of the work 100% of the time for that remaining 25%? Guess it depends on how much work your partner does.

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