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If you are in a business partnership and one partner has 5K salary and another partner has a 2K salary and there is only 4K left in the account what is the fair division of remaining funds?
amount left in the account of the business i.e. 4K should be distributed among partners in the ratio 5:2 as their salary.
Is it illegal for your business partner to remove your name from the business license and bank account?
It depends on the legal organization of the business. There are so many factors involved that you should consult an attorney if this is a concern for you.
Is it necessary to have business partner to do business in Saudi Arabia?
Is it necessary to have business partner to do business in Saudi Arabia?
What is EDB Business Partner's population?
The population of EDB Business Partner is 2,009.
Good partner to do business?
There are a few good people you can partner with to do a business with. I would ask someone you know that has business experience.
How do you take your name off a business license if you have a partner?
hoe do i take a partner of a business license
What is a strategic business partner?
A strategic business partner is another business that helps you meet your organizational goals. Since it is a partnership, your business helps them as well.
I am banking with you on behalf of my partner what procedure do i have to go through?
Incorporation of your business - a Power of Attorney - joint bank account - granting of the status of "Authorized Signatory."
When the firm sells the business as a going concern cash balance is transferred to?
The balance is transferred to prepare the Partner's Capital and Current Accounts.
Why does a prospective partner need accounting information?
because the person who is going to buy the business will want to see such information about the business. for example they want to know whether thy business haven't pay of money and how much money is in the account
What happens when a partner leaves a business or dies?
What happens when a partner dies in business depends on the contract. Many people may write a contract that replaces a partner with a family member of the partner.
Who was Phineas Miller?
yo mama haha
