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My company is looking in to getting into a Franchisee/ Business Partner model, where my would share 50% of the revenue to the Business Partner
We look forward to yours advice on the following
1. How do we book 100% of the revenue and take the benefit of the turnover, under the circumstances that business partner would bill the customer
2. How to we tackle the revenue share to be paid to the business partner
3. How do we take maximum benefit of Service Tax
Would request a complete advice, including accounting entries that need to be passed on a step by step basis to tackle the same.
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