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A salaried partner is a partner in name only. You will continue to be an employee and therefore maintain your employment rights.
An equity partner is an owner of the business. You could be either a fixed or priority share equity partner or full equity partner.
It is important to understand the firm’s finances before signing up to partnership.
Here are some questions to consider:
There are two key differences to note once you become an equity partner:
A salaried partner is a partner in name only. You will continue to be an employee and therefore maintain your employment rights.
An equity partner is an owner of the business. You could be either a fixed or priority share equity partner or full equity partner.
It is important to understand the firm’s finances before signing up to partnership.
Here are some questions to consider:
There are two key differences to note once you become an equity partner:
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