Larry Vance posted a new question on 10/22/2009
Investment in Restaurant
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E T Responded on 10/22/2009
Depends on your agreement. If they are a working owner, then yes they could, but it depends on your income and expences, but you must not use the companys money for your personal expences. Make sure you pay yourself or your partner something, even if its a couple hundred dollars a week if thats the case. Keep your personal and business expences seperate. If this is an investor, then no, thats not the intent of an investor to be paid a salary for their investment in your business. They are paid in shares, dividends or intrest rates over a period of time based on your agreement.
