Each partner has two representatives to the Board
- Chief Executive Officer of the partner
- Chairmen of Partner�s Board or Board designated representative
All decisions must be unanimous
Expenses designated fixed or activity based.
- Fixed costs - allocated equally to each partner
- Variable costs - allocated based on partner % of invoices generated (ABC � activity based costing)
- Incentive for partner growth
- Manages the risk of a significant cost shift from partner to partner in event of significant change in annual volume.
- The partnership in-view will share an equal portion of fixed costs (25%) although it�s ownership is 10%.