Oman Media Company Publishing, advertising and Event Management

Media Company Publishing, advertising and Event Management
I am managing a media business group in Muscat.
We have good expertise to handle, Publishing, advertising and Event Management.I have four people working with me - all good.
I have an agreeement with the sponsor here since Sep 2008, and I am using his licenses.
I paid him RO10500 so far.
But the business is very small. He has invested only RO.30,000 from April to August 2008. After that I am managing the business and he has not spent even One rial. I pay the rent of premises, salaries, all other office expenses, including visa charges, labor etc. The agreement is for paying him RO2600 every month. But i cannot pay this becasue of poor market conditions. Now I have to pay him around RO10,000. I paid till Dec 2008. Is there any good Omani buisnessmen who can take over this buisness, and understand the realities, and I will work for him and I can pay 1000 every month, and I will use only one license - Media Advertising and Publishing. Because my present sponsor doesn't know the probelems of managing a business and he has no money to invest, pls. help if there is any good and honest professional businessmen.Becasue of the agreement, he is torturing me. I work without salary, no remuneration, no food and no sleep.
Pls. help me.
Thanks for reading.

ranujan

Ragharaja 11 Mar 2009, 03:49 - Report