Problem: You are the CEO of an adult education business. You have registered a corporation with 5 shares and sustain a total payroll of $100,000 for the next year. You have 2 partners.
VP OF SALES e marketing responsible for new clients and revenues. Instructor, Who has decades of experience and teaches classes (i.e. delivers the service your business provides.
Question:
Q1. How many should each of you receive? Why?
Q2. What salary should each of 3 partners be paid? Why?