Equity in a Partnership

Until now, our examples have dealt only with businesses that are owned by one individual as a proprietor.

May I change the scene again? When Lori comes to you for funds with which to start her business, you see “opportunity.” She’s eager, bright, ambitious, and can work hard. Lori’s Luscious Lemonade may expand to thousands of locations that will someday sell billions of lemonades. You wouldn’t want to miss out on a share of the wealth that she may generate.