by XTEDDYX0XBEARX on January 26th, 2007

XTEDDYX0XBEARX

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Person A does all of the work;Person B provides the money.What is the percentage of the profits Person B should get if Person A pays the money back.What is the percentage of the profits Person B should get if Person A doesn’t pay the money back?

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  • by tomsims on January 26th, 2007

    tomsims

    I agree with Chris that it all hinges on what was agreed upon. Generally, the person at risk gets a large chunk, but the division of ownership is something to be settled ahead of tim. Lve and learn <smile>.

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  • by ChrisDG on January 26th, 2007

    ChrisDG

    Whatever has been legally and fairly agreed upon before A and B start up the business, assuming that a contract was agreed upon. The actual figure could be very different between two businesses, it is up to the parties themselves, rather than being governed by a rule.

    Of course, ultimately, regardless of the amount of work A does and financial backing B provides, C (the Government) takes a fair chucnk out anyway.

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