Lakshmi Hospitality Concerns provides you a unique opportunity to own and enjoy the facilities of the firm. The Virtual partners will be the fifth partner of the firm and they could join the process of decision making and monitor the activities of the firm. The idea behind enlisting the Virtual partners is to offer a participating opportunity to our friends and well wishers in an upcoming venture.
All the virtual partners who will be joining the firm, once enlisted shall be sharing our profit or loss. For example if the firm confirms 20 Virtual partners and we earn a profit of Rs. 10,000/-, a fifth of this profit amount shall be distributed among the 20 virtual partners. Hence each VP earning Rs. 100/- each.
The seed capital of Rs. 10,000/- received while enlisting as Virtual Partners, shall not be used for any operational expense. Your investment of Rs 10,000/- will remain as fixed deposit in the firms account. However, the investment could be used for capital acquisitions, with consent of the Virtual partners.
If the Virtual partners desires to discontinue their partnership at a later date they could do so by giving a notice period of three months However, the period and priority of return of their seed money will depend on the financial status of the firm at that time.
What you gain by joining as a Virtual partner:
The seed money from the virtual partners are a guarantee for you for getting allotment of the firm’s shares when it is converted to a Private Limited company and also they could invest larger amounts when the firm plans to acquire assets. At this stage proportionate shares will be allotted to the Virtual Partners. Further they could enjoy the facilities of the firm for themselves and their recommended friends or colleges at most discounted rates. The discount for the virtual partners will be about 15% less than that offered to public customers. Further we will give priority for your holiday reservation requests.