What's your view about having a sleeping partner in a business

[cherry123]

Most times, it easier to have a sleeping partner than an active one. You can do as you wish, while avoiding the clashes that come with working with another person.

Some people like the sleeping partners as they are more about profit on their investments in the business.

 

[Bisolami]

There are some people who do not know anything about the business but they have capital to invest. Such people do lots of partnership business.

You are right but even while the person is doing a partnership business he or she can be learning how they run the business so that he won't be left behind

 

[Niyi Briggs]

There cant be two captains in one sheep. I feel it is more convenient to have a sleeping partner if you are the one that develops strategies for the business.

 

[cherry123]

Sleeping partner is more about a partner that only invest money. So it will be good to have such a partner.

 

[Bisolami]

There cant be two captains in one sheep. I feel it is more convenient to have a sleeping partner if you are the one that develops strategies for the business.

I don't think it is nice to have a sleeping partner because the person will always drag you behind but if you have an active partner the person will also be looking for ways to grow the business

 

[Springtime]

I'm fine with this arrangement. The silent partner can get a share of the profits made by the company. If I am the active partner doing the work, in addition to getting a share of profits, I should also get a salary. This is in fact a common arrangement here if a business has silent partners.

 

[hastral45]

Sleeping partner is also member of partnership but it is just that he's not active. He's an investor in the business and also part of the shareholders. He's important in the business.

 

[cherry123]

I'm fine with this arrangement. The silent partner can get a share of the profits made by the company. If I am the active partner doing the work, in addition to getting a share of profits, I should also get a salary. This is in fact a common arrangement here if a business has silent partners.

Yes the active partner basically do have salary and the share of profit. Since the bulk of the job would be done by the active partner.

 

[Bisolami]

I'm fine with this arrangement. The silent partner can get a share of the profits made by the company. If I am the active partner doing the work, in addition to getting a share of profits, I should also get a salary. This is in fact a common arrangement here if a business has silent partners.

There are times that it won't work out as you have said and that is why you need an active partner so that if you are being hard-working the person will also be hardworking and the business will go on well

 

[cherry123]

if one can run a business effectively then one can only need a sleeping partner that will bring in more money to the business

 

[Bisolami]

if one can run a business effectively then one can only need a sleeping partner that will bring in more money to the business

They are still going to have a issue in a way that they may not want to share the money equally simply because they are not doing the same job

 

[flower]

It is very important to have a sleeping partner so that you can make a very good business together with enough capital.

 

[Passiveearner]

It's also better that way for it's you who can control your business no other eyes to see you boomed. That sleeping partner can't manipulate you.

i think that a sleeping partner is a person who finances your business. So, you would be accountable to such kind of partner.

 

[nomad]

Having a sleeping partner is really great because you have someone who will bear the loss (also profits), however will not meddle in the day to day business operation.

 

[Reedex]

It is extremely possible to have a sleeping partner and it will be someone who will just contribute certain amount of money and would receive some certain part of the profit without having to contribute to the running of the business.

 

[Niyi Briggs]

It is not everyone that needs to be involved in the day to day running of the business. Some just need to relax and trust the judgement of those who are well versed in the business.

 

[cherry123]

Any kind of partners are always welcomed to a business provided they will bring their value to the business. it is always good to give them a chance to contribute

 

[Bisolami]

It is extremely possible to have a sleeping partner and it will be someone who will just contribute certain amount of money and would receive some certain part of the profit without having to contribute to the running of the business.

I will not agree if I am in that shoes. No matter how much you may be contributing, we should always do the work together even if I will do more.

 

[uptrendfinancialsignal]

Most times, it easier to have a sleeping partner than an active one. You can do as you wish, while avoiding the clashes that come with working with another person.

A sleeping partner is better because he is just contributing capital into the business and not actively involved.

 

[Bisolami]

A sleeping partner is better because he is just contributing capital into the business and not actively involved.

I would not like to have a sleeping partner because I want a partner who I can talk to about new ideas and also bring up new ideas