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Franklin's Partnership Edge - College Term Papers

Franklin's Partnership Edge

REPORT ON FRANKLIN

With general partnerships of the kind mentioned here, it is clear that every partner will stand to benefit equally from the profits. But it appears Franklin is the one partner with distinctive edge over the others where benefits are concerned. The reason he agreed to the terms and conditions of this partnership needs no explanation. He is the one who is likely to profit the most from this coalition in the end in both tangible as well as intangible terms.
For one he is not investing a single cent, which removes any concerns regarding possible losses. Since his own money is not involved, everything he makes, however small in amount, will be a profit. Secondly, he must ...

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of flexibility in the long run.
Since he is a financial planner, his services would include proper allocation and maintenance of company funds. This is certainly not an easy task and would require his complete devotion and attention. But he understands that no other firm would allow him to work part-time in certain months especially when he has not made any capital investment. His past experience with an auto company must have given him valuable information about customers of these items. Therefore though the terms are highly beneficial to him, the firm will also benefit from his services and his past experience in a similar position. Franklin's reasons for agreeing to the terms are thus clear and so is the firm's for having made him a ...

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PAPER DETAILS

Added: 10/18/2015 02:58:55 AM
Category: Business
Type: Premium Paper
Words: 341
Pages: 2

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