Business agreement for hotel business
This query is : Resolved
18 November 2013
if we do partnership agreement two persons for starting a hotel, & after that if they give appoint a person to carry the hotel business by getting remuneration & some portion of profit.
Then which we have to do.
Then which we have to do.
18 November 2013
you have to do nothing. the share of profit shall be given out as commission or part of the salary. the partnership agreement remains unchanged.
19 November 2013
if suppose we start a hotel business & we don't know about that business & we appoint a person to run business with 50 percent profit sharing ratio & calculating the profit on monthly basis.
Then which type of agreement we have to do with that appointed person.
Then which type of agreement we have to do with that appointed person.
19 November 2013
its on your discretion.
make him 49% partner and give him 1% as separate commission. this keeps the control in your hands. amend partnership deed accordingly.
make him 49% partner and give him 1% as separate commission. this keeps the control in your hands. amend partnership deed accordingly.
19 November 2013
can you give format of agreement(deed)
19 November 2013
Suhas,
unfortunately, I don't have readily available it with me right now.
unfortunately, I don't have readily available it with me right now.
19 November 2013
can you suggest me the links for these types of agreements.
04 December 2013
can u suggest the links or format of the deed.
plz
plz
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