Legal Question in Business Law in Wisconsin
Could you direct me to a resource for determining a fair profit split in a partnership where each party's function is significantly different than the others'? A calculator of sorts would be ideal.
Asked on 9/08/10, 6:08 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
There is no "partnership calculator." It depends on a number of different factors that must be considered. These kinds of cases are highly fact dependent so you should consult a business attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney
Answered on 9/14/10, 9:51 am
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