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Old 08-31-2014, 12:04 AM
TigerElectrical TigerElectrical is offline
LawnSite Member
Join Date: Sep 2013
Location: Northern Illinois
Posts: 48
I don't claim to be great at accounting but your numbers would mean something if you included all salaries (including owner salary) to get to net profit.

My first lawyer gave me fair warning on a couple things:
1. GCs are liars, and
2. Don't do a partnership without having him write the paperwork to dissolve it. He said something like "It's a marriage where you write the divorce papers before the wedding".
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