Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Partnership: salary for partners?
2 partners, no other employees. Before breakeven neither of us took salaries. Now that we're profitable, what are advantages/disadvantages of partners receiving salaries rather than ad hoc withdrawal of equity?
1 Answer
- Anonymous1 decade agoFavorite Answer
Both partners can draw monthly salary, as well as they can also draw some part of profit equally at the end of year without disturbing their equity participation, from the working capital.