But broadly speaking any cost (or
share of a cost) that can be identified with a specific division / segment should be
allocated to properly determine each segment result (i.e. operating
profit).
Essential Duties and Responsibilities
of a Benefits Coordinator • Follows human resources procedures to
allocate benefits such as disability insurance,
profit sharing, and medical and life insurance.
For example, when do you pay out the
profits, are there penalties to the investors if they pull out
of the fund before a certain number
of years, do they roll over the
profits they've made and if so, are there incentives for that other than compounding, are you paying out - or
allocating - ALL
of the
profits to investors or yourself each year (meaning if the fund closed tomorrow would you keep the chunk
of money left over after paying out the investor
profits and initial investments or would you divide that chunk up between all the investors), are you paying yourself a salary for managing the fund and if so, are you also
profit sharing??? I ask that last one because once I switch over to a fund like this, the money I am currently pulling out
of each deal to live on, would need to stay in the fund and I'm left with no income until the end
of the year if that's when the fund distributes
profits.