Accounting Assignment Example | Topics and Well Written Essays - 250 words - 16

Accounting - Assignment Example But now that he has a colleague that is hardworking and willing to go the extra mile to ensure the business is a success, he does not think twice about leaving. Barrow should renegotiate the agreement and make several changes. First of all, the 50-50 term should be changed, such that each person is paid according to the amount of work he has done or total weekly hours that he has worked. Holiday working and extra hours should also be compensated. He should also include in the agreement that each member can get a live periodically as the other member works. If Robbins still wants them to share the income on a 50-50 basis, then Barrow should also inform him that work is also to be shared equally. Barrow should notify him that he has a family too that he would like to spend time with and it would not be fair if he spends all his time and energy in the business while Robbins is busy enjoying himself. If Robbins declines these terms, then it would be plausible if Barrow worked alone as he is getting