Benefits derived as a business silent partner

Augusta

VIP Contributor
If you can not running a personal business then you can be a silent partner in one. Being a silent partner in a business comes with its own benefits. You mostly need to be a financial supporter of a business to become one.

So what are the benefits you would derived:

You would make passive income you would earn. some percents of the business profit even when you don't have to take part in actively running the business.

You would be making an easy investment. You would have gotten yourself associated with a business without having pre knowledge.of it aa you only need to invest your money

you have limited responsibility as you no business with day yo day running of the business

As a silent partner you have limited liability as you are not responsible for paying any debt the company may have incurred
 
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