Omr Media

                                         A product roadmap is a powerful tool to describe how a product is likely to grow, to align the stakeholders, and to acquire a budget for the product. But creating an effective roadmap is not easy particularly in an agile context where changes occur frequently and unexpectedly. This post helps you create an effective agile  product roadmap using my roadmap format, the GO product roadmap.

                                              As per the 'Indian partner Act 1932', a person may be admitted as partner in the firm either with consent of all existing partner or in an accordance with the contract already made between the existing partners in the firm for the admission of new partners in the business concern. At the time of admission of partner, some of the point s to remember is as follows: 1. Calculate the new profit sharing ration and sacrificing ratio. 2. Reevaluate the liabilities and assets. 3. Accumulation of profit or losses, resources distribution. 4. Calculation of goodwill. 5. Partners' capital A/c adjustments.       Kapil and Krish are running a partnership firm dealing in toys. They are one of the most successful businessmen in the locality. They now decide to start manufacturing toys that are electronically operated to diversify their business. For this they need more capital and also technical expertise. Mohit; their fr

                                                  Sometimes, it becomes difficult to run the partnership business due to lack of sufficient capital or managerial help or both. In this case a firm may decide to admit a new partner into the firm. But according to Indian Partnership Act 1932, no partner can be admitted into the firm without the consent of all the existing partneTk A person who is admitted, as a partner into the firm does not thereby becomes liable for any act of the firm, done before his admission. A partner is admitted for any one or more of the following reasons: In order to acquire more capital for the business. In order to have more managerial skill, a competent and experienced person is needed. In order to expand and boost up the business. In order to increase the goodwill by admitting a well-reputed person into the business. In order to reduce the competition. Sharing in the assets of the firm: - In order to acquire the right of becoming the owne